The typical owner-occupied home in De Soto Parish is worth about $154,900, 28% below the Louisiana median of $216,500 and 53% below the national median of $332,700. Owners pay a median $540 a year in property taxes, about 0.35% of their home's value, lower than the Louisiana rate of 0.55%. The median household earns $48,578 a year, so the median home costs 3.2 times the median income (3.6 times for Louisiana). 77% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.
De Soto Parish at a glance
| De Soto Parish | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $154,900 | $216,500 | $332,700 |
| Median property tax paid per year | $540 | $1,180 | $3,119 |
| Property tax as a share of value | 0.35% | 0.55% | 0.94% |
| Median household income | $48,578 | $60,756 | $80,734 |
| Homes lived in by their owners | 77% | 67% | 65% |
| Owner homes with a mortgage | 42% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,424 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 22.1% | 20.4% | 21.0% |
| Median rent | $687 | $1,064 | $1,413 |
| Rent as a share of renters' income | 32.0% | 32.8% | 30.6% |
| Median year homes were built | 1990 | 1983 | 1980 |
| Vacant homes | 17.3% | 14.4% | 10.1% |
| Population | 27,026 | 4,611,961 | 334,922,499 |
What a typical home costs per month in De Soto Parish
At this week's average 30-year rate of 7.11%, buying the median De Soto Parish home of $154,900 with 20% down costs about $943 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,201, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $40,429 for the 20%-down payment. That payment is 23% of the median De Soto Parish household income of $48,578; at that income and 20% down, the 28% guideline points to a home of about $186,000.
The median rent here is $687 a month, so owning the median home costs about $256 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $30,980 |
|---|---|
| Loan amount | $123,920 |
| Principal and interest | $834 |
| Property taxes (0.35% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| PMI | $0 |
| Total per month | $943 |
Change the numbers in the calculator
| Down payment | $5,422 |
|---|---|
| Loan amount | $152,094 |
| Principal and interest | $1,023 |
| Property taxes (0.35% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| FHA mortgage insurance | $69 |
| Total per month | $1,201 |
Change the numbers in the calculator
Questions about home buying in De Soto Parish
What is the median home value in De Soto Parish?
About $154,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in De Soto Parish?
Homeowners pay a median $540 a year, which is about 0.35% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in De Soto Parish?
For the median home with 20% down at 7.11%, the payment is about $943 a month. Keeping that under 28% of gross income takes about $40,429 a year.
More about De Soto Parish
- Mortgage Refinance in De Soto Parish
- Debt Relief in De Soto Parish
- Home Equity Loans in De Soto Parish
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data