Desoto Lakes, FL Profile: Facts & Data

The Desoto Lakes CDP⁽¹⁾ had a population of 2,102 as of July 1, 2024. Desoto Lakes ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Desoto Lakes is located at latitude 27.3714 and longitude -82.4898 in Sarasota County. The formal boundaries for the Desoto Lakes Census Designated Place encompass a land area of 1.23 sq. miles and a water area of 0.04 sq. miles. Sarasota County is in the Eastern time zone (GMT -5).

The Desoto Lakes Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Desoto Lakes Census Designated Place is located within Sarasota CCD of Sarasota County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Desoto Lakes, FL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	2,102 (100%)
Population in Households	2,102 (100.0%)
Population in Families	1,509 (71.8%)
Population in Group Quarters¹	0
Population Density	5,072
Diversity Index²	67


INCOME
Median Household Income	$84,170
Average Household Income	$98,069
% of Income for Mortgage⁴	29%
Per Capita Income	$38,024
Wealth Index⁵	82
Socioeconomic Status Index⁶	Moderate (51.9)

HOUSING
Total HU (Housing Units)	834 (100%)
Owner Occupied HU	642 (77.0%)
Renter Occupied HU	173 (20.7%)
Vacant Housing Units	19 ( 2.3%)
Median Home Value	$388,136
Average Home Value	$415,849
Housing Affordability Index³	87

HOUSEHOLDS
Total Households	815
Average Household Size	2.58
Family Households	523
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Desoto Lakes, FL - Peer Comparisons by Rank and Percentile

The table below compares Desoto Lakes to the other 955 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.39%	-0.22%
Households	-0.12%	0.02%
Families		-0.58%
Median Household Income		1.53%
Per Capita Income		2.97%
Owner Occupied HU		0.34%

Variable Description	Rank	Percentile
Total Population	# 676	29th
Population Density	# 121	87th
Median Household Income	# 307	68th
Housing Affordability Index	# 579	61st
Per Capita Income	# 479	50th
Diversity Index	# 351	63rd

Desoto Lakes, FL Profile: Facts & Data

Desoto Lakes, Florida - Basic Facts

Desoto Lakes, FL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Desoto Lakes, FL - Peer Comparisons by Rank and Percentile

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