Underwood, IN
Full City Profile · Indiana · Scott County County
4.1
/5.0
A
Great
1,140
Population
444/sq mi density
$61,818
Median Income
$21,559 per capita
$181,300
Home Value
$261,255 Zillow
55°F
Avg Temperature
A
Overall
4.1 / 5.0
Strong
B+
Economy
3.9 / 5.0
$61,818 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$181,300 home value, /mo rent
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)
$261,255
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.7%
Owner-Occupied
10.3%
Renter-Occupied
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) | $261,255 |
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-Occupied | 89.7% |
| Renter-Occupied | 10.3% |
| Homeownership Rate | 89.7% |
| Total Housing Units | 290 |
| Median Year Built | 1976 |
| Rent Burden | 28.9% |