How many renters in Tool, TX pay more than 30% of their income on rent?
62.9% (±22.7 points) of renting households in Tool, TX spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
62.1% spend 35% or more.
The median renting household spends 48.0% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 62.9% (±22.7 points)
- Paying 35% or more
- 62.1% (±22.6 points)
- Median share of income
- 48.0% (±20.9 points)
Rent as a share of income in Tool
| Share of income spent on rent | Tool | Henderson County | Texas | United States |
|---|---|---|---|---|
| Less than 15% | 0.0% (±30.5 points) | 11.0% | 11.2% | 12.6% |
| 15% to 19.9% | 9.1% (±11.6 points) | 12.9% | 12.3% | 12.2% |
| 20% to 24.9% | 3.8% (±6.9 points) | 11.1% | 13.2% | 12.6% |
| 25% to 29.9% | 24.2% (±24.5 points) | 10.9% | 11.6% | 11.5% |
| 30% to 34.9% | 0.8% (±1.7 points) | 9.6% | 9.4% | 9.2% |
| 35% or more | 62.1% (±22.6 points) | 44.3% | 42.3% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Tool against Henderson County, its state and the nation
| Tool | Henderson County | Texas | United States | |
|---|---|---|---|---|
| Paying 30% or more | 62.9% (±22.7 points) | 53.9% (±5.2 points) | 51.7% (±0.3 points) | 51.1% |
| Paying 35% or more | 62.1% (±22.6 points) | 44.3% (±4.5 points) | 42.3% (±0.3 points) | 41.9% |
| Median share of income | 48.0% (±20.9 points) | 32.1% (±2.2 points) | 30.9% (±0.2 points) | 30.6% |
| Median renter household income | $39,500 (±$25,743) | $41,742 (±$2,945) | $53,222 (±$285) | $52,966 |
| Median gross rent | $1,386 (±$260) | $1,048 (±$47) | $1,403 (±$4) | $1,413 |
In Tool, the share of renters paying 30% or more of income is not measurably different from Henderson County (53.9%).
It is not measurably different from Texas (51.7%).
It is not measurably different from the national figure (51.1%).
In Henderson County, Tool ranks 8 of 19 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 275 of 1,366.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Tool
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Tool | — | 62.9% (±22.7 points) | — |
| Enchanted Oaks | 3.8 mi | 100.0% (±91.8 points) | Not measurably different |
| Gun Barrel City | 4.1 mi | 33.1% (±28.6 points) | Not measurably different |
| Seven Points | 5.4 mi | 74.5% (±37.7 points) | Not measurably different |
| Payne Springs | 5.7 mi | 62.9% (±29.9 points) | Not measurably different |
| Mabank | 7.3 mi | 67.8% (±24.5 points) | Not measurably different |
| Trinidad | 9.1 mi | 65.3% (±26.2 points) | Not measurably different |
| Star Harbor | 9.2 mi | 43.8% (±107.8 points) | Not measurably different |
| Caney City | 9.3 mi | 9.1% (±108.0 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Henderson County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 (tie) | Enchanted Oaks | 100.0% (±91.8 points) |
| 1 (tie) | Moore Station | 100.0% (±141.4 points) |
| 4 | Seven Points | 74.5% (±37.7 points) |
| 5 | Chandler | 66.4% (±18.2 points) |
| 6 | Trinidad | 65.3% (±26.2 points) |
| 7 (tie) | Payne Springs | 62.9% (±29.9 points) |
| 7 (tie) | Tool | 62.9% (±22.7 points) |
| 9 | Athens | 53.8% (±11.6 points) |
| 10 | Brownsboro | 53.0% (±29.7 points) |
| 11 | Eustace | 51.5% (±27.9 points) |
| 12 | Star Harbor | 43.8% (±107.8 points) |
| 13 | Murchison | 38.9% (±61.1 points) |
| 14 | Malakoff | 35.5% (±23.9 points) |
Showing 13 of 19 places in Henderson County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Tool
Are renters in Tool rent-burdened?
62.9% of renting households in Tool pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Tool spend on rent?
The median renting household in Tool, TX spends 48.0% (±20.9 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Tool city, Texas
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Tool city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Tool city, Texas
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Tool city, Texas (place:73352, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Tool at a glance
- Median rent in Tool
- Renters and owners in Tool
- Income and affordability in Tool
- Home values in Tool
- Homeowner costs in Tool
- Property taxes in Tool
- Types of homes in Tool
- Bedrooms in Tool
- Age of homes in Tool
- Heating fuel in Tool
- Commute and cars in Tool
- Crime reported to police in Tool
- Population growth in Tool
- Texas landlord and tenant rules
- Housing across Henderson County
- Texas places ranked by rent burden
- Housing data for every place in Texas