Tool, Texas: commercial real estate data.
Tool is a Census city of 2,367 people across 3.59 square miles of land, in Henderson County. Median household income is $71,333, 81.1 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $472,500 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Tool
What Tool is
- Census place typecity
- Land area3.59 sq mi
- Water area0.01 sq mi
- Population per square mile of land659
- County holding the largest share of its areaHenderson County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tool
How many people live in Tool
- Population2,367
- Median age49.6
- Population under 18395 plus or minus 123
- Share under 1816.7 percent plus or minus 4.2
- Population 65 and over542 plus or minus 122
- Share 65 and over22.9 percent
- Households1,070
- Family households759 plus or minus 155
- Share of households that are families70.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tool
Income and work in Tool
- Median household income$71,333 plus or minus $17,212
- Per capita income$43,181 plus or minus $10,188
- Civilian labor force1,138 plus or minus 300
- Employed1,057 plus or minus 280
- Unemployed81 plus or minus 58
- Unemployment rate7.1 percent plus or minus 4.7
- Adults 25 and over1,842
- Adults 25 and over with a high school diploma or higher89.6 percent
- Adults 25 and over with a bachelor degree or higher26.8 percent plus or minus 9.6
- Adults 25 and over with a graduate degree6.2 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tool
Housing in Tool
- Housing units1,572
- Occupied units1,070
- Vacant units502 plus or minus 128
- Vacancy rate31.9 percent plus or minus 7.3
- Owner occupied868
- Renter occupied202 plus or minus 92
- Ownership rate81.1 percent
- Median owner-occupied home value$213,300 plus or minus $56,609
- Median gross rent, monthly$1,386
- Annual rent as a share of median income23.3 percent plus or minus 7.1
- Single family units1,146
- Share single family72.9 percent
- Units in buildings of two or more74 plus or minus 67
- Share in buildings of two or more4.7 percent plus or minus 4.3
- Mobile homes352 plus or minus 117
- Median year structure built1983
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tool
How Tool gets to work
- Workers 16 and over who commute915 plus or minus 231
- Commuting under 15 minutes137 plus or minus 79
- Share commuting under 15 minutes15.0 percent plus or minus 7.7
- Commuting 30 minutes or more586 plus or minus 186
- Share commuting 30 minutes or more64.0 percent
- Drove alone74.2 percent
- Carpooled9.3 percent plus or minus 5.7
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home11.3 percent plus or minus 11.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tool
SBA loans in Tool (7(a))
- Approvals1
- Gross approval$472,500
- Average approval$472,500
- Median approval$472,500
- Largest approval$472,500
- Jobs supported3
- Jobs per approval3.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Tool, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Tool
Flood risk in Tool
- NFIP communityCity of Tool
- NFIP community number481532
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date04/05/10
The City of Tool participates in the National Flood Insurance Program as community 481532 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Henderson County, not Tool
Henderson County context, not Tool figures
- Establishments in Henderson County1,521
- Covered employment, Henderson County19,534
- Average annual pay, Henderson County$48,745
- Housing units permitted, Henderson County274
Every figure in this section is published for Henderson County as a whole and is not a measurement of Tool.
All Henderson County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Tool questions, answered from the record.
How many people live in Tool, Texas?
2,367, in 1,070 households. Tool city covers 3.59 square miles of land, which is 659 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Tool in?
Henderson County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Tool?
$71,333. The median owner-occupied home is valued at $213,300. Median gross rent is $1,386 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Tool businesses?
1 7(a) approvals totaling $472,500 since FY2020, across 1 lenders, median approval $472,500. These count approvals to borrowers whose address is in Tool, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Tool borrowers get paid back?
No rate is published for Tool. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Tool in the National Flood Insurance Program?
Yes. Tool appears in the FEMA Community Status Book as Tool, city of, community 481532, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Tool figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Henderson County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Tool.
Is zoning published for Tool?
No. Nothing on this page presents parcel level zoning.