The small town of Tool, Texas is home to approximately 2,000 residents. Retirees account for a greater percentage of the population (26%) here than nationally (14%), while young professionals are less well-represented. With an average age of just under 46, the town's population skews notablyolder than most cities in Texas. Most residents own their homes in Tool, and 20% of residents rent. The average rent for Tool is $114 a month more than the state average.
Averaging about 45 minutes, the commute time for Tool residents is slower than the state average of about 27 minutes. Driving a car or truck is the most common means of commuting to work, opted for by 33% of workers, while public transit is not used. Walking isn't a common way to get to work.
Compared to the national average, Tool has a relatively large concentration of residents older than 25 who possess a high school degree or GED (24%). Additionally, 12% have a Bachelor's, Master's, Professional, or Doctoral degree. Many Tool residents work in one of two industries: retail and construction. Combined, these industries account for 12% of the town's labor force. Meanwhile, in terms of job function, many of the town's residents work in sales, as 5% of the town's population reports this as their field of work, the highest number of any field. With an average annual income of just under $56K, Tool workers earn about $17,000 less than their peers elsewhere in the state. The town's average income also trails the national average of $73,345.
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