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Underwood, IN

Full City Profile · Indiana · Scott County County

3.4 /5.0
B Good
1,140 Population 444/sq mi density
$61,818 Median Income $21,559 per capita
$181,300 Home Value $248,440 Zillow
55°F Avg Temperature 297 sunny days/yr
551 Violent Crime/100K 3,839 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$61,818 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$181,300 home value, /mo rent
F
Safety
1.0 / 5.0
551 violent crimes/100K (45% above avg)
B+
Education
3.5 / 5.0
31.5% bachelor's degree or higher

Housing Overview

Median Home Value
$181,300
36% below
US avg: $281,900
Homeownership Rate
89.7%
37% above US avg (65.4%)
Total Housing Units
290
Median year built: 1976

Home Value by Source

Census Median
$181,300
Zillow (ZHVI)
$248,440
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.7%
Owner-Occupied
10.3%
Renter-Occupied
90%
10%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo

Affordability & Housing Stock

Rent Burden
28.9%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
89.7%

Complete Housing Data

Home Values

Census Median Value$181,300
Zillow Home Value (ZHVI)$248,440

Rent

FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Ownership & Stock

Owner-Occupied89.7%
Renter-Occupied10.3%
Homeownership Rate89.7%
Total Housing Units290
Median Year Built1976
Rent Burden28.9%