Tool, TX Employment - Median Household Income, Unemployment Rate

D-

18%

Income/capita NAT. AVG.

7%

Household income NAT. AVG.

6%

Unemployment NAT. AVG.

Index	Tool	Texas	National
Income per capita	$35,126	$27,828	$29,829
Median household income	$51,389	$54,727	$55,322
Median income owner occupied	$56,061	$70,980	$70,586
Median income renter occupied	$43,942	$36,330	$35,192
Median earnings male	$42,596	$36,153	$36,919
Median earnings female	$23,050	$25,035	$26,250
Unemployment rate	5.0%	4.1%	4.7%
Poverty level	18.4%	16.7%	15.1%

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Key findings

The income per capita in Tool is 18% higher than the national average
The median household income in Tool is 7% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Tool is 6% higher than the national average
The poverty level in Tool is 22% higher than the national average

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am i middle class

$34,255 $51,389 $102,778

City

$36,481 $54,727 $109,454

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Tool median earnings by income bracket

Tool employment by industry

Labour Type	Male	Female
Construction industry	33.9%	33.9%
Manufacturing sector	7.2%	7.2%
Financial & insurance services	5.3%	5.3%
Wholesale & retail services	18.1%	18.1%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	6.0%	6.0%
Education, health & social services	5.1%	5.1%
Other	24.4%	24.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Cottonwood, TX	318	$109,444	97.8%
Star Harbor, TX	521	$95,568	72.7%
Grays Prairie, TX	281	$83,750	51.4%
Enchanted Oaks, TX	254	$60,625	9.6%
Goodlow, TX	218	$55,179	0.3%
Tool, TX	2,633	$51,389	7.1%

Cities with similar population

City	Population	Household Income	National Avg.
Brooklyn, IN	2,633	$58,984	6.6%
Marionville, MO	2,633	$45,197	18.3%
Summit, MS	2,633	$26,696	51.7%
Winamac, IN	2,634	$41,250	25.4%
East Newark, NJ	2,634	$60,833	10.0%
Tool, TX	2,633	$51,389	7.1%

Source: The Tool, TX employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).