Located in the state of Texas, DeSoto is a moderately-sized city with a population of 51,854 inhabitants. With a total of 70%, the Black or African American racial group makes up the majority of the population in DeSoto. The next most represented races are 26% White and 0% Asian. Something to be aware of when living in DeSoto is the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 31 minutes, this comes in higher than the national average of 26 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in DeSoto, Texas could be a good experience for anyone who puts in the effort to do the research required. The best areas in DeSoto and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, weather, education, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
With a livability score of 78/100, DeSoto is ranked #2,559 in the United States and #504 in Texas. Compared to the US average, DeSoto ranks among some of the best places to live in the country! DeSoto has also earned the rare honor of ranking in the top 10 percentile among all cities. If we probe a little deeper into each category within the livability score, we see that DeSoto has higher than average rankings for the following: amenities (B), weather (B), education (B+) and housing (B+).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in DeSoto, there is no shortage of amazing local amenities and interesting things to do.
For buyers, real estate will be the largest purchase they ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their DeSoto apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to DeSoto is real estate affordability. The median home price for DeSoto homes is $147,800, which is 3.6% higher than the Texas average. If we take a closer look at the affordability of homes in DeSoto, we’ll see that the home price to income ratio is 2.5, which is 3.8% lower than the Texas average. Year over year appreciation rates for homes in the DeSoto area were 12.8% and the 5 year appreciation rates came in at 9.8%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
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