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Underwood, MN

Full City Profile · Minnesota · Otter Tail County County

3.3 /5.0
B Good
437 Population 741/sq mi density
$73,750 Median Income $31,988 per capita
$168,800 Home Value $321,529 Zillow
$1,016 Median Rent 21.3% income on rent
41°F Avg Temperature 276 sunny days/yr
321 Violent Crime/100K 3,543 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$73,750 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$168,800 home value, $1,016/mo rent
F
Safety
1.0 / 5.0
321 violent crimes/100K
B
Education
3.1 / 5.0
25.9% bachelor's degree or higher

Change Over Time (2013–2023)

Population Change
+6.2%
340 → 361
over 10 years
Annual Pop. Growth
+0.6%
Compound annual growth rate
Median Income Change
+54.1%
$47,857 → $73,750
nominal, not inflation-adjusted
Annual Income Growth
+4.42%
Compound annual growth rate

Population Over Time

Total population for Underwood across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
376
+15 from 2023 (361)
Projected Median Income 2030
$99,827
+$26,077 from 2023 ($73,750)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 340 $47,857
2015 340 +0% $40,938 -14.5%
2017 357 +5% $52,500 +28.2%
2019 363 +1.7% $46,042 -12.3%
2021 363 +0% $69,688 +51.4%
2023 361 -0.6% $73,750 +5.8%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.