Zip 75115 (DeSoto, TX) Economy


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75115 DeSoto, TX is a great place to consider when looking for affordable housing. The 2 bedroom rent in the area is only $1,660 compared to the US average of $1,430. Grocery costs are also relatively low in 75115 DeSoto with an index of 99 compared to the US index of 100. Additionally, there's plenty of local businesses in the area including Walmart Supercenter, Walgreens Pharmacy and DeSoto Town Center providing access to amenities. Cost of living in 75115 Desoto is quite affordable overall as evidenced by its lower than average rent prices and grocery costs.

DeSoto (zip 75115) has an unemployment rate of 8.5%. The US average is 6.0%.

DeSoto (zip 75115) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 40.4%, which is higher than the US average of 33.5%.

Tax Rates for DeSoto (zip 75115)
- The Sales Tax Rate for DeSoto (zip 75115) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for DeSoto (zip 75115) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for DeSoto (zip 75115)
- The average income of a DeSoto (zip 75115) resident is $27,622 a year. The US average is $28,555 a year.
- The Median household income of a DeSoto (zip 75115) resident is $79,805 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDeSoto, TexasUnited States
  8.56
  -3.6%-6.2%
  40.4%33.5%
  8.3%6.2%
  0.0%4.6%
  $33,530$37,638
  $79,805$69,021
  $91,760$85,028
  Population by Occupation
  0.1%1.2%
  0.4%0.5%
  3.7%6.8%
  9.7%10.0%
  1.6%2.5%
  13.0%11.0%
  10.4%4.8%
  1.0%0.8%
  1.6%1.9%
  7.3%4.7%
  1.7%1.9%
  5.3%7.6%
  0.1%0.1%
  2.5%4.2%
  11.1%9.3%
  13.0%14.0%
  1.9%2.1%
  4.5%7.0%
  3.6%4.8%
  7.6%4.7%
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