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Tool city, Texas Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Tool city, Texas has a total population of 2,399, the 668th largest city in Texas, with a median household income of $71,964, which is 6% lower than the state average. The poverty rate is 12.6%.

Key Takeaways

Tool city Quick Facts

Population 2,399
Median Household Income $71,964
Median Home Value $163,700
Poverty Rate 12.6%
Unemployment Rate 3.7%
Median Age 52.0 years
Homeownership Rate 87.7%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 28.2%
High School Graduation Rate 88.5%
Diversity Index 17/100
Population 2,399 668th of 1,800
Median Income $71,964 above average
Poverty Rate 12.6% 2% higher national
Median Home Value $163,700 average

How Tool city Compares

Economy & Housing

Employment

3.7% Unemployment Rate State: 5.1% | National: 5.2%
58.7% Labor Force Participation

Housing Overview

Owner 87.7%
Renter 12.3%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

17out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 67 | National average: 60

Education

Tool city Rankings in Texas

#668 Population of 1,800
#567 Median Income of 1,800
#457 Education of 1,800
#734 Home Value of 1,800

Cities Similar to Tool city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Garfield CDP2,424$71,607$64,20014.9%8.6%
Idalou city2,389$70,655$175,70020.2%13.1%
Ben Bolt CDP2,391$70,500$156,70021.2%14.7%
Woodcreek city2,375$72,917$409,70045.2%4.3%
Plum Grove city2,425$70,362$121,8005.7%39.2%

Population Overview

Tool city is a small community located in Texas. The total population is 2,399. It ranks as the 668th most populous out of 1,800 cities and towns in Texas.

Age Demographics

The median age in Tool city is 52.0 years. This is 46% higher than the state median of 35.5 years. Only 14.1% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Tool city is $71,964. This is 6% lower than the state median of $76,292. Compared to the national median of $78,538, household income here is 8% lower. The poverty rate stands at 12.6%. This is 8% lower than the state poverty rate of 13.8%. The unemployment rate is 3.7%. This is 28% lower than the state rate of 5.1%. The median home value is $163,700. Housing costs are 37% lower than the state median of $260,400. With a home-value-to-income ratio of just 2.3x, Tool city is one of the most affordable housing markets in the area. 87.7% of occupied housing units are owner-occupied. This homeownership rate is 40% higher than the state average of 62.6%.

Race & Ethnicity

Tool city has a predominantly White (non-Hispanic) population, comprising 91.0% of all residents. Hispanic or Latino residents account for 4.1%. The White (non-Hispanic) population is significantly higher than the state average (91.0% vs 39.9%). The Hispanic or Latino population (4.1%) is well below the state average of 39.5%.

Education

28.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 15% lower than the state rate of 33.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.5%.

Data Sources & Methodology

All demographic data for Tool city, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,800 Census-designated places in Texas. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Tool city, Texas?

Tool city, Texas has a population of 2,399 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Tool city, TX?

The median household income in Tool city is $71,964, which is 8% lower the national median of $78,538.

What is the poverty rate in Tool city, TX?

The poverty rate in Tool city is 12.6%. This means approximately 302 residents live below the federal poverty line.

What is the racial makeup of Tool city, Texas?

Tool city's population is 91.0% White, 0.0% Black, 4.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Tool city, TX?

The median home value in Tool city is $163,700. The home-value-to-income ratio is 2.3x.

How educated is Tool city, Texas?

28.2% of adults (25+) in Tool city hold a bachelor's degree or higher, and 6.1% hold a graduate or professional degree.