Tool, TX demographics:
population, income, and more
Tool population
How many people live in Tool
Tool is home to 2,367 residents, according to the most recent Census data. Gender-wise, 54.3% of Tool locals are male, and 45.7% are female.
Age demographics
The median age in Tool is 50, with the population distributed as follows: about 15.4% are children under 15, then 6.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 22.1% of the population, while another 32.8% fall into the 45 to 64 bracket. Finally, around 22.9% are 65 or older.
Racial makeup
In Tool, 95.2% of the population are US-born citizens, while 1.4% have gained naturalized citizenship. At the same time, 3.3% of residents are non-citizens. There’s also a share of 8.2% that includes residents with two or more races.
Households in Tool
A peek inside Tool households
Tool has 1,070 households, with an average of 2 members in each. Of these, 70.9% are families, while the remaining 29.1% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Tool
The housing landscape of Tool
Tool's housing consists of 1,572 units, with 72.6% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.3% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 22.4% of the housing landscape.
The age of buildings in Tool
In Tool, the median construction year is 1983. Most development happened in the second half of the 20th century.
Tool occupancy rates
Out of the 1,070 occupied housing units in Tool, 81.1% are owner-occupied, while 18.9% are lived in by tenants. Meanwhile, 31.9% of all homes on the local market sit vacant.
Tool housing costs
Housing costs in Tool come to a median of $736 per month, while tenants specifically pay a median gross rent of $1,386.
Education in Tool
Tool education at a glance
About 41% of the population in Tool went to high school, while 27.3% pursued college studies. Another 4.1% earned an associate degree and 19.9% hold a bachelor’s. Meanwhile, 5.8% went even further, earning a master’s or doctorate.
Income in Tool
How much people earn in Tool
The average annual household income in Tool was $103,080 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +0.8% change from the previous year. At the same time, the median income stood at $71,333, reflecting a -0.9% shift over the same period.
Tool income by age
In Tool, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $96,731. Those with someone between 45 and 64 in charge, often well established professionally, earn $80,250 overall. Overall, 82.6% of the locals in this community live above the poverty line.
Average renter income in Tool
To get a better sense of what renters earn on average in Tool, their median household income was $48,265 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 34.5%, shows what portion of their earnings goes toward housing expenses.
Employment in Tool
Workforce and job types in Tool
The job market in Tool is powered by 1,057 working residents, spread across a range of industries and roles. 68% of the working population are employed in professional or administrative positions, while 32% are in hands-on or service-based jobs. Also, 20.8% run their own businesses, 52.9% are employed by private companies, and 21.7% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Tool stands at 7.1%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Tool
How people get around in Tool
In Tool, the average commute time is 47 minutes.
What is the median and average household income in Tool by zipcode?
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FAQs about Tool demographics
What is the total population of Tool?
What is the gender ratio in Tool?
- 54.3% males (1,285 residents)
- 45.7% females (1,082 residents)
What is the median age in Tool?
What is the age distribution of the population in Tool?
- Under 15: 15.4% (365 residents)
- Ages 15-24: 6.8% (160 residents)
- Ages 25-44: 22.1% (523 residents)
- Ages 45-64: 32.8% (777 residents)
- Over 65: 22.9% (542 residents)
What is the racial and ethnic makeup of Tool?
- White: 88.4% (2,093 residents)
- Black or African American: 0% (0 residents)
- American Indian and Alaska Native: 0.1% (3 residents)
- Asian: 3.1% (74 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 8.2% (193 residents)
- Other: 0.2% (4 residents)
What percentage of the population in Tool are U.S.-born citizens?
How many housing units are there in Tool?
How many households are in Tool and what is the average household size?
What is the median household income in Tool?
What is the employment rate and job market overview for Tool?
Job types:
- White-collar workers: 68% (719 residents)
- Blue-collar workers: 32% (338 residents)
Places of employment:
- Self-employed: 20.8% (220 residents)
- Private companies: 52.9% (559 residents)
- Governmental workers: 21.7% (229 residents)
- Not-for-profit companies: 4.6% (49 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.