Underwood, MN

Full City Profile · Minnesota · Otter Tail County County

4.0 /5.0
A Great
437 Population 741/sq mi density
$73,750 Median Income $31,988 per capita
$168,800 Home Value $350,514 Zillow
$1,016 Median Rent 21.3% income on rent
42°F Avg Temperature
A
Overall
4.0 / 5.0
Strong
A
Economy
4.0 / 5.0
$73,750 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$168,800 home value, $1,016/mo rent
B
Education
3.1 / 5.0
25.9% bachelor's degree or higher

Underwood, MN

At a Glance

Median Income
$73,750
2% below
$31,988 per capita
Home Value
$168,800
40% below
Zillow: $350,514
Median Rent
$1,016/mo
13% below
21.3% of income on rent
Bachelor's Degree+
25.9%
23% below
89.0% high school+
Unemployment
2.7%
25% below
12.2% poverty rate
Obesity Rate
32.5%
1% above
13.7% smoking rate
Avg Temperature
42°F

How Underwood Compares to the U.S. Average

Each bar shows Underwood's value as a percentage of the national average (100% = U.S. avg)

Income
98%
Home Value
60%
Rent
87%
Poverty
98%
Bachelor's
77%
Unemployment
75%
Thin vertical line = U.S. national average (100%)

Is Underwood a Good Place to Live?

A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Underwood residents earn a median household income of $73,750 , which is 2% below the national average of $75,149. Per capita income is $31,988. The unemployment rate stands at 2.7% (25% below the U.S. rate of 3.6%). 12.2% of residents live below the poverty line. The area is home to 1,908 business establishments, including 165 restaurants.

Housing & Cost of Living

The median home value in Underwood is $168,800 , 40% below the national median of $281,900. Zillow estimates the typical home at $350,514. Median rent is $1,016/month, with 21.3% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1962.

Education

25.9% of adults in Underwood hold a bachelor's degree or higher (23% below the national average). 89.0% have completed high school. Local schools score 6.4/10 in standardized testing.

Climate & Weather

Underwood has an average annual temperature of 42°F (6°C). Winters average 9°F in January while summers reach 71°F in July. Annual precipitation totals 26.9 inches.

Data Overview

People

Population437
Median Age38.8 yrs
Density741/mi²
Male / Female56% / 44%
Foreign Born0.7%
Veterans6.2%

Economy

A
Median Income$73,750
Per Capita$31,988
Unemployment2.7%
Poverty12.2%
County GDP$3,285M
Avg Weekly Wage$1,000

Housing

A+
Home Value$168,800
Rent$1,016
Ownership84.4%
Zillow$350,514
Housing Units198
Rent Burden21.3%

Health

Obesity32.5%
Diabetes7.6%
Smoking13.7%
Heart Disease4.7%
Premature Death6,919/100K

Climate

Avg Temp42°F
Rain26.9 in/yr
Elevation1,347 ft

Education

B
Bachelor's+25.9%
High School+89.0%
Graduate+4.0%
School Score6.4/10

Community

2024 VoteR 66% / D 32%
Commute20 min
Broadband87.7%
Internet Speed274 Mbps
EV Stations1
Libraries5

Did You Know?

The median home in Underwood was built in 1962.
The nearest airport is Hector International (62 miles).
The Gini coefficient (income inequality) is 0.434 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
18.1% of the population has a disability.
Average internet download speed is 274 Mbps.
There are 165 restaurants in the area.
The county recorded 9 fatal vehicle crashes.