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ZipNumbers

Texas · Census place 73352

Tool city, TX

Quick answer

Tool city has 2,399 residents, ranking #668 of 1863 places in Texas. Median household income is $71,964, the median home is worth $163,700 and median gross rent runs $1,120 a month.

Population
2,399Tool city residents
Median household income
$71,964Past 12 months, inflation adjusted
Median home value
$163,700Owner-occupied units
Median gross rent
$1,120Rent plus utilities, monthly
Median age
52 yrsAll residents
Homeownership rate
87.7%Owner-occupied households

What the numbers mean in Tool city

Housing cost measured against local earnings.

A household earning the Tool city median would spend about 18.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.6% of residents and 87.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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