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Tool, Texas Demographics & Population 2026

During the 2020–2024 ACS period, Tool, Texas had a total population of 2,367, the 676th largest city in Texas, with a median household income of $71,333, which is 9% lower than the state average. The poverty rate is 17.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Tool Quick Facts

Population 2,367
Median Household Income $71,333
Median Home Value $213,300
Poverty Rate 17.3%
Unemployment Rate 7.1%
Median Age 49.6 years
Homeownership Rate 81.1%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 26.8%
High School Graduation Rate 89.6%
Diversity Index 21/100
Population 2,367 676th of 1,795
Median Income $71,333 above average
Poverty Rate 17.3% 39% higher than national
Median Home Value $213,300 above average

How Tool Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,3992,367-1.3%
Median household income$71,964$71,333-0.9%
Median home value$163,700$213,300+30.3%

How Tool Compares

Economy & Housing

Household Income Distribution

Under $25K 21.8%
$25K-$50K 15.7%
$50K-$100K 27.9%
$100K+ 34.6%
Detailed income brackets
Under $10K
8.9%
$10K-$15K
1.0%
$15K-$20K
3.7%
$20K-$25K
8.1%
$25K-$30K
6.1%
$30K-$35K
1.8%
$35K-$40K
3.5%
$40K-$45K
2.3%
$45K-$50K
2.1%
$50K-$60K
6.1%
$60K-$75K
8.1%
$75K-$100K
13.7%
$100K-$125K
11.6%
$125K-$150K
1.9%
$150K-$200K
10.9%
$200K+
10.2%

Employment

7.1% Unemployment Rate State: 5.3%|National: 5.2%
57.4% Labor Force Participation

Housing Overview

Owner 81.1%
Renter 18.9%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $1,386/mo 23.3% of median household income annually

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

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

State average: 67 | National average: 61

Education

Tool Rankings in Texas

#676 Population of 1,795
#625 Median Income of 1,546
#497 Education of 1,795
#597 Home Value of 1,542

Other Cities in Henderson County

CityPopulationMedian IncomePovertyHome Value
Athens 13,200 $67,984 12.7% $210,800
Gun Barrel City 6,570 $71,310 16.2% $237,300
Chandler 3,518 $49,573 14.0% $246,300
Malakoff 2,045 $56,719 20.5% $83,800
Brownsboro 1,658 $62,250 15.4% $197,800
Payne Springs 1,201 $63,145 12.6% $233,200
Berryville 1,184 $68,194 7.2% $137,100
Frankston 1,088 $56,667 9.5% $103,700
Eustace 1,039 $68,250 12.9% $192,900
Log Cabin 998 $53,438 9.7% N/A

Cities Similar to Tool

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Pantego2,337$71,293$363,30049.5%14.7%
Pleak2,344$72,007$318,4008.2%4.7%
Pelican Bay2,399$70,789$181,80011.3%10.3%
Jones Creek2,343$72,847$182,3009.8%15.6%
Electra2,351$69,167$59,30017.3%19.7%

Population Overview

Tool is a small community located in Texas, within Henderson County. The total population is 2,367. It ranks as the 676th most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Tool is 49.6 years. This is 39% higher than the state median of 35.6 years.

Economy, Income & Housing

The median household income in Tool is $71,333. This is 9% lower than the state median of $78,476. It is also 12% lower than the national median of $80,734. The poverty rate stands at 17.3%. This is 25% higher than the state poverty rate of 13.8%. The unemployment rate is 7.1%. This is 35% higher than the state rate of 5.3%. The median home value is $213,300. Housing costs are 25% lower than the state median of $283,800. The home-value-to-income ratio is 3.0x. 81.1% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 62.6%.

Race & Ethnicity

Tool has a predominantly White (non-Hispanic) population, comprising 88.4% of all residents. Hispanic or Latino residents account for 3.6%. The White (non-Hispanic) population is significantly higher than the state average (88.4% vs 39.1%). The Hispanic or Latino population (3.6%) is well below the state average of 39.7%.

Education

26.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 21% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.6%.

Data Sources & Methodology

All demographic data for Tool, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Texas city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Tool, Texas?

Tool, Texas has a population of 2,367 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Tool, TX?

The median household income in Tool is $71,333, which is 12% lower than the national median of $80,734.

What is the poverty rate in Tool, TX?

The poverty rate in Tool is 17.3%. This means approximately 405 residents live below the federal poverty line.

What is the racial makeup of Tool, Texas?

Tool's population is 88.4% White, 0.0% Black, 3.6% Hispanic/Latino, and 3.1% Asian.

What is the median home value in Tool, TX?

The median home value in Tool is $213,300. The home-value-to-income ratio is 3.0x.

How educated is Tool, Texas?

26.8% of adults (25+) in Tool hold a bachelor's degree or higher, and 6.2% hold a graduate or professional degree.