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CITY · 2020 ACS

Tool

Texas · 2,175 residents · 3.59 sq mi
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The short version

Tool has lower-than-average household income, with a median household income of $51,389. Population has declined 4% since 2000. Median home value has more than doubled since 2000, reaching $121,600. With a median age of 51.7, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 51.7
US median: 38.8
Less educated
24% hold a bachelor's degree
US average: 33%
Less affordable
home values up 26%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

2,175
−4%since 2000
from 2,275 in 2000
1990 – 2025
606 / sq mi
−4%since 2000
from 634 / sq mi in 2000
US average: 280
51.7
+9%since 2000
from 47.3 in 2000
US average: 38.8
Population, 19902024
2K2K2K3K3K1990201020202024Tool
20242K
1990201020202024
Section 02

Income & economy

$51,389
+5%inflation adjusted, since 2000
from $32,679 in 2000
US average: $66,278
1990 – 2024
$35,126
+80%since 2000
from $19,507 in 2000
US average: $35,364
Households earning $100K+
29.8%
+13.0 ptssince 2009
from 16.8% in 2009
US average: 43.9%
18.4%
+3.3 ptssince 2000
from 15.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Wholesale trade18.4%
US avg: 6.7%
Information13.3%
US avg: 11.1%
Other services9.4%
US avg: 6.6%
Retail trade6.5%
US avg: 10%
Public administration6.4%
US avg: 4.7%
Finance & insurance4%
US avg: 5.5%
Transportation & warehousing2.7%
US avg: 2.5%
Education & health services2.3%
US avg: 0.8%
Professional, scientific, technical1.7%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$121,600
+26%inflation adjusted, since 2000
from $64,200 in 2000
US average: $265,253
1990 – 2024
$1,138
+57%inflation adjusted, since 2000
from $482 in 2000
US average: $1,124
81.4%
−5.6 ptssince 2000
from 87.1% in 2000
18.6% rent
2.4
+20%since 2000
from 2.0 in 2000
1990 – 2024
RELATED:See current rent listings in Tool on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95%(2,161)
Black0.4%(9)
Hispanic / Latino2.3%(53)
Asian0.1%(3)
Other0%
Diversity Score7.1%(162)
2020
White, non-Hispanic84.4%(1,835)
Black0.9%(19)
Hispanic / Latino7.7%(168)
Asian1.2%(26)
Other3%(65)
Diversity Score29.8%(648)
30
+319%since 2000
from 7 in 2000
1990 – 2024
Section 05

Education

23.8%
+13.6 ptssince 2000
from 10.3% in 2000
US average: 32.9%
High school or higher
87.3%
+16.0 ptssince 2000
from 71.3% in 2000
US average: 88.5%
6.8%
+3.5 ptssince 2000
from 3.3% in 2000
US average: 12.7%
Section 06

Commute & transportation

37.4 min
−22%since 2000
from 47.7 min in 2000
US average: 26.9
72.4%
−10.6 ptssince 2009
from 83.1% in 2009
US average: 75.1%
5.1%
+0.8 ptssince 2009
from 4.3% in 2009
US average: 8.4%
Section 07

Work & employment

9.3%
−4.9 ptssince 2011
from 14.2% in 2011
US average: 5.4%
53.4%
+4.9 ptssince 2011
from 48.5% in 2011
US average: 63.4%
27.6%
−22.1 ptssince 2009
from 49.7% in 2009
US average: 39.3%
Section 08

People & community

52.4%
+1.8 ptssince 2009
from 50.6% in 2009
47.6%
−1.8 ptssince 2009
from 49.4% in 2009
3.1%
−3.5 ptssince 2009
from 6.6% in 2009
US average: 13.5%
18.2%
−56.4 ptssince 2013
from 74.6% in 2013
US average: 8.8%
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Frequently asked

How many people live in Tool, Texas?

Tool, Texas has about 2,175 residents according to the 2020 American Community Survey.

What is the median household income in Tool, Texas?

The typical household in Tool, Texas earns about $51,389 a year. Half of households make more than that, and half make less.

Is Tool, Texas expensive?

In Tool, Texas, the median home is worth about $121,600, and the typical rent is about $1,138 a month.

How educated are people in Tool, Texas?

About 23.8% of adults age 25 and over in Tool, Texas hold a bachelor's degree or higher.

What is the poverty rate in Tool, Texas?

About 18.4% of people in Tool, Texas live below the federal poverty line.

Has Tool, Texas grown since 1990?

Yes, Tool, Texas has grown since 1990. The population has added about 463 residents, a change of about 27 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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