Desoto Lakes, Florida is a great place to live with plenty of opportunities for work and leisure activities. Located in DeSoto County, Florida, Desoto Lakes is home to many local companies such as Metz Construction, Love Refrigeration & Air Conditioning, and Jones & Sons Plumbing. The cost of living in Desoto Lakes is relatively higher than the US average with a 2 bedroom rental costing $1,870 compared to the US average of $1,430. Additionally, the grocery cost index in Desoto Lakes is 105 compared to 100 in the US. All in all, DeSoto Lakes is an attractive option for those looking for a combination of good job prospects and affordable living costs.
Desoto Lakes has an unemployment rate of 4.5%. The US average is 6.0%.
Desoto Lakes has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.
Tax Rates for Desoto Lakes
- The Sales Tax Rate for Desoto Lakes is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Desoto Lakes 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 Lakes
- The average income of a Desoto Lakes resident is $25,789 a year. The US average is $28,555 a year.
- The Median household income of a Desoto Lakes resident is $77,524 a year. The US average is $69,021 a year.