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
Income Overview
Median Household Income
$73,750
2% below
US avg: $75,149
Per Capita Income
$31,988
18% below
US avg: $39,052
Unemployment Rate
2.7%
25% below
US avg: 3.6%
Poverty Rate
12.2%
2% below
US avg: 12.4%
Income Comparison: Underwood vs. U.S. Average
Each bar shows Underwood’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$73,750
98%
Per Capita
US: $39,052
$31,988
82%
IRS Avg AGI
US: $72,000
$71,755
100%
Avg Weekly Wage
US: $1,432
$1,000
70%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,000
30% below US avg ($1,432)
Mean Commute Time
20 min
29% below US avg (28 min)
Work From Home
4.1%
73% below US avg (15.2%)
Drive Alone
83.9%
15% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$3,285M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
83.9%
Public Transit
0%
Work From Home
4.1%
Other
12%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,908
Restaurants
165
Healthcare
181
Retail
250
Manufacturing
89
Tax & Financial
IRS Avg Adjusted Gross Income
$71,755
0% below US avg ($72,000)
Avg Property Tax
$4,298
23% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $73,750 |
| Per Capita Income | $31,988 |
| IRS Avg Adjusted Gross Income | $71,755 |
| Avg Weekly Wage | $1,000 |
| County GDP | $3,285M |
Hardship Indicators
| Unemployment Rate | 2.7% |
| Poverty Rate | 12.2% |
| Gini Coefficient | 0.434 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 83.9% |
| Public Transit | 0.0% |
| Work From Home | 4.1% |
Businesses
| Total Establishments | 1,908 |
| Restaurants | 165 |
| Healthcare | 181 |
| Retail | 250 |
| Manufacturing | 89 |
Tax
| IRS Avg AGI | $71,755 |
| Avg Property Tax | $4,298 |