Last updated: 2024 BLS data · Page refreshed:
Tool has a population of 2,367 with a median age of 49.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,367 |
| Median Age | 49.6 |
| White | 88.4% |
| Asian | 3.1% |
| Hispanic or Latino | 3.6% |
| Other / Two or More Races | 4.9% |
The median household income in Tool is $71,333, which is 11.5% below the national median of $80,610. The per capita income is $43,181. The poverty rate is 17.3%.
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In Tool, 89.6% of residents age 25+ have a high school diploma or higher, and 26.8% hold a bachelor's degree or higher (6.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.6% |
| Bachelor's Degree or Higher | 26.8% |
| Graduate or Professional Degree | 6.2% |
The median home value in Tool is $213,300, below the national median of $303,400. The median monthly rent is $1,386. The homeownership rate is 81.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $213,300 |
| Median Monthly Rent | $1,386 |
| Homeownership Rate | 81.1% |
| Vacancy Rate | 31.9% |
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