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Housing Profile
DeSoto County, Florida
  • Population, 2015: 34777. DeSoto County ranks # 48 of Florida's 67 counties in population.
  • Households, 2015: 11452
  • Homeownership Rate, 2015: 72.4%. Statewide, Florida's homeownership rate is 67.7%.
Population Projections
  • In 2040, DeSoto County is projected to have a population of 37800, ranking it # 49 of Florida's 67 counties.

Projected Total Population, DeSoto County, 2010-2040

Place 2010 2015 2020 2025 2030 20352040
DeSoto County 34862 34777 35601 36299 36901 37399 37800
Notes:  Not Available.
Sources:  University of Florida Bureau of Economic and Business Research, Population Projections; U.S. Census Bureau, 2010 Decennial Census.
Housing Market

Existing Home Values (Based on County Property Appraisers' Just Value)

  • Single Family Home, average just value, 2016: $93323. (Statewide, the average just value of a single family home in Florida in 2016 was $219681).
  • Mobile Home, average just value, 2016: $39554.
  • Condominium, average just value, 2016: $88907.

Home Sales Prices

  • The average sales price for a single family home was $138637 in 2016. The median sales price that year was $110000, compared to a statewide median sales price of $212000.

    Source: Florida Department of Revenue, Sales Data Files

Median Sales Price for Single Family Homes and Condominiums, DeSoto County, 1996-2016

Place Housing Type 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 20152016
DeSoto County Single Family Homes 56750 58500 67000 73500 71000 77450 80000 83000 95000 157000 164200 160000 120000 115000 85000 88500 83250 90450 98000 134700 110000
DeSoto County Condominiums 50900 67900 70900 69900 73450 80900 83000 92900 128500 163500 175800 122450 118250 84000 77500 72000 80500 75000 81500 108000 98500
Notes:  Not applicable
Sources:  Florida Department of Revenue, Sales Data Files

Median Gross Rent, DeSoto County, 2010-2014 American Community Survey

Place Median Gross RentState Median Gross Rent
DeSoto County 686 998
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Summary File
  • In DeSoto County and the surrounding metro area, the HUD Fair Market Rent in 2016, representing rent for a typical modest apartment, was $545 for a studio apartment, $548 for a one-bedroom, $679 for a two-bedroom, $927 for a three-bedroom, and $931 for a four-bedroom unit.

    Source: U.S. Department of Housing and Urban Development, 2016 Fair Market Rents

Households by Monthly Rent Paid, DeSoto County, 2010-2014

Place <$200 $200-$299 $300-$499 $500-$749 $750-$999 $1,000-$1,499 $1,500 or More No Cash RentTotal
DeSoto County 29 24 537 1139 746 298 52 228 3053
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Summary File

Manufactured Housing Parks and Condominiums

  • There are 10 licensed manufactured housing parks in DeSoto with 1225 lots in 2012.
  • There are 8 licensed condominium developments in DeSoto with 606 units in 2012. Of these, 0 properties with 0 units were converted from rental to condo.

    Source: Florida Department of Business and Professional Regulation

Home Purchase Loans by Property Type, DeSoto County, 2005-2014

Application Count
Place County Property Type 2005 2006 2007 2008 2009 2010 2011 2012 20132014
DeSoto County DeSoto One to four-family (other than manufactured housing) 364 317 177 101 52 70 68 110 140 201
DeSoto County DeSoto Manufactured housing 93 108 65 27 11 8 3 7 7 13
DeSoto County DeSoto Multifamily 1 0 0 0 0 0 0 0 0 0
Notes:  Shows loan applications resulting in loan origination only. For more information, see HMDA User Guide
Sources:  Home Mortgage Disclosure Act data 2005-2014

Foreclosures and Serious Delinquencies

This table is not available outside of Metropolitan Statistical Areas (MSAs)

Affordable Housing Needs

Cost Burden, General

  • "Cost-burdened" households pay more than 30% of income for rent or mortgage costs. In 2015, 3843 DeSoto County households (34%) pay more than 30% of income for housing. By comparison, 42% of households statewide are cost-burdened.
  • 1941 households in DeSoto County (17%) pay more than 50% of income for housing.

Households by Cost Burden, DeSoto County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Total 7609 1902 1941
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.
Homeowners and Renters

Households by Homeowner/Renter Status and Cost Burden, DeSoto County, 2015

Amount of Income Paid for Housing
0-30% 30-50%50% or more
Owner 5954 1187 1149
Renter 1655 715 792
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Household Income

  • In the following table, household income is measured as a percentage of the median income for the county or area, adjusted for family size. In DeSoto County and the surrounding metro area, the HUD-estimated median income for a family of four is $39600 in 2016.

Households by Income and Cost Burden, DeSoto County, 2015

Household Income as Percentage of Area Median Income Amount of Income Paid for Housing
0-30% 30-50%50% or more
<=30% AMI 109 164 985
30.01-50% AMI 500 384 549
50.01-80% AMI 1305 492 269
80.01+% AMI 5695 862 138
Total 7609 1902 1941
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Elderly Households

  • 3927 households in DeSoto County (34.3%) are headed by a person age 65 or older in 2015. In comparison, 29.6% of households statewide are headed by elderly persons.
  • 3522 of elderly households in DeSoto (89.7%) own their homes.
  • 997 elderly households (25%) pay more than 30% of income for rent or mortgage costs.

Elderly Households by Age and Cost Burden, DeSoto County, 2015

Age of Householder Amount of Income Paid for Housing
0-30% 30-49.9%50+ %
65 or more 2930 500 497
Notes:  Click here to get household projections by tenure, age of householder, income, and cost burden.
Sources:   Not Available.

Supply Characteristics

Single Family Home Size and Age

  • In 2016, the median size for a new single-family home in DeSoto County was 1751 square feet.

Year Structure Built, DeSoto County, 2010-2014 American Community Survey

Place Number Share by Decade
2000 or After 1990-1999 1980-1989 1970-1979 1960-1969 1950-1959 1940-1949 1939 or Earlier Total 2000 or After 1990-1999 1980-1989 1970-1979 1960-19691959 or Earlier
DeSoto County 3078 3099 3107 2805 1231 755 153 436 14664 21.0 21.1 21.2 19.1 8.4 9.2
Notes:  American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Summary File

Housing Condition Characteristics (Occupied Units), DeSoto County, 2010-2014 American Community Survey

Place Persons Per Room House Heating Fuel Kitchen Facilities Plumbing Facilities
1.01 or More Persons per Room Share of Occupied Units (%) No Fuel Used Share of Occupied Units (%) Lacking Complete Facilities Share of Occupied Units (%) Lacking Complete FacilitiesShare of Occupied Units (%)
DeSoto County 763 7.0 103 0.9 212 1.4 524 3.6
Notes:  Housing units are considered to be substandard if they are overcrowded, do not have heat, or lack complete kitchens or plumbing.
American Community Survey is based on a sample of households and therefore involves a margin of error. To find the margin of error for this and other ACS-based tables, see the General Unit Characteristics tool. A "-" indicates that the value in the ACS is not statistically significant from zero.
Sources:  U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Summary File