De Soto Parish, Louisiana Income Statistics
De Soto Parish Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
De Soto Parish Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | De Soto Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $48,684 | $60,934 | $80,455 |
| Median Personal Income | $50,319 | $53,184 | $60,758 |
| Average Yearly Income Growth | 1.8% | 3.7% | 4.8% |
| Six-Figure Earners | 7.7% | 9.7% | 13.9% |
| $200k+ Households | 4.6% | 7.8% | 13.2% |
The median household income in De Soto Parish is about 20% lower than in Louisiana. Income has been growing slower in De Soto Parish (1.8%/yr) than in Louisiana (3.7%/yr).
About 8% of adults in De Soto Parish earn six figures ($100,000 or more) a year, lower than the Louisiana average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in De Soto Parish, Louisiana grew by 32.9% from 2009 to 2024, reaching $48,684 in 2024. That's an average of about 1.8% per year.
Income Inequality and the Gender Pay Gap in De Soto Parish
| Metric | De Soto Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.578 | 0.574 | 0.552 |
| Male Median Income | $69,782 | $65,171 | $69,667 |
| Female Median Income | $41,184 | $47,031 | $56,850 |
| Gender Pay Gap | 41.0% | 27.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In De Soto Parish, it is 0.578, about the same as Louisiana's 0.574, so income here is about as evenly distributed as there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 69% more than women's income in De Soto Parish, Louisiana. Over a 35-year career, a 69% wage gap accumulates to roughly $1,000,930 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in De Soto Parish, Louisiana has widened from about 29% to 41% in 2024. In dollar terms, the gap has widened by $16,787 since 2009.
Sharply against the trend: the pay gap in De Soto Parish widened by 12.4 points while Louisiana's narrowed by 4.5 points.
Employment
| Metric | De Soto Parish | Louisiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.0% | 6.2% | 5.2% |
| Working from Home | 4.3% | 8.1% | 15.0% |
| Commute time (minutes) | 27 | 21 | 22 |
Approximately 676 people are unemployed in De Soto Parish, Louisiana.
The average commute time in De Soto Parish is 27 minutes, longer than the 21 minutes in Louisiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in De Soto Parish, Louisiana has fallen from 10.6% to 6.0% in 2024. Over that period the rate peaked at 10.6% in 2019.
De Soto Parish, LA Wealth Compared With Nearby Counties
De Soto Parish, LA is the 2nd largest of the 6 counties compared here, 27,025 residents against a local median of 22,726. The measure that sets De Soto Parish, LA apart most is unemployment: 6.0%, 47% above the local median of 4.1%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 1.8%/yr against a local median of 3.3%/yr, 45% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: De Soto Parish, LA reads weaker than its neighbours on all of them. The counties themselves spread 6.1% on unemployment, so De Soto Parish, LA sits at one end of an already wide local range rather than apart from it. De Soto Parish, LA has the 4th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| De Soto Parish, LA | 27,025 | $48,684 #6/6 | 1.8%/yr #6/6 | 6.0% #4/6 | 0.578 #5/6 |
| Red River Parish, LA | 7,443 | $48,749 | 4.5%/yr | 3.6% | 0.574 |
| Shelby County, TX | 24,155 | $49,689 | 3.9%/yr | 4.1% | 0.557 |
| Sabine Parish, LA | 21,977 | $50,161 | 3.3%/yr | 6.6% | 0.585 |
| Caddo Parish, LA | 229,305 | $50,854 | 2.8%/yr | 8.6% | 0.568 |
| Panola County, TX | 22,726 | $63,075 | 2.8%/yr | 2.5% | 0.573 |
Conclusion
Considering all these factors, De Soto Parish, Louisiana has an overall wealth index grade of D, making it about on par with Louisiana, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in De Soto Parish, Louisiana.
How Rich Is De Soto Parish, Louisiana?
De Soto Parish has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $48,684, about 20% lower than the Louisiana average of $60,934.
How has median household income changed in De Soto Parish, Louisiana?
Between 2009 and 2024, the median household income in De Soto Parish, Louisiana rose 33%, from $36,640 to $48,684. Over the same years, income here lagged behind Louisiana as a whole: +33% against +44%.
What was the median household income in De Soto Parish in 2023?
In 2023, the median household income in De Soto Parish, Louisiana was $46,531, down 7% from $49,819 in 2022. The Louisiana median that year was $60,038.
What was the median household income in De Soto Parish in 2020?
In 2020, the median household income in De Soto Parish, Louisiana was $44,353. By 2024 it had risen 10% to $48,684.
What is the Gini coefficient in De Soto Parish, Louisiana?
The Gini coefficient in De Soto Parish is 0.578. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in De Soto Parish, Louisiana?
Since 2009, the income gap between men and women in De Soto Parish, Louisiana has widened from about 29% to 41% in 2024. In dollar terms, the gap has widened by $16,787 since 2009.
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