Underwood CDP, Indiana Demographics & Population 2026

Name: Underwood CDP, Indiana Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

As of 2026, Underwood CDP, Indiana has a total population of 1,140, the 330th largest city in Indiana, with a median household income of $61,818, which is 12% lower than the state average. The poverty rate is 3.9%.

Key Takeaways

An exceptionally low poverty rate of 3.9% — among the lowest in Indiana.

Underwood CDP Quick Facts

Population 1,140

Median Household Income $61,818

Median Home Value $181,300

Poverty Rate 3.9%

Unemployment Rate 4.0%

Median Age 26.9 years

Homeownership Rate 89.7%

Affordability Ratio 2.9x

Bachelor's Degree or Higher 31.5%

High School Graduation Rate 93.7%

Diversity Index 6/100

Population 1,140 330th of 967

Median Income $61,818 average

Poverty Rate 3.9% 69% lower national

Median Home Value $181,300 top 30%

How Underwood CDP Compares

Median Household Income

Underwood CDP

$61,818

$70,051

National

$78,538

Median Home Value

Underwood CDP

$181,300

$201,600

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 4.1%

$25K-$50K 11.9%

$50K-$100K 59.4%

$100K+ 24.7%

Employment

4.0% Unemployment Rate State: 4.3% | National: 5.2%

60.4% Labor Force Participation

Housing Overview

Owner 89.7%

Renter 10.3%

Affordability Index Very Affordable

2.9x home value to income ratio

People & Demographics

Age Distribution

Under 18

44.9%

18-34

17.9%

35-54

25.3%

55-74

8.5%

75+

3.4%

Race & Ethnicity

Diversity Index

Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Educational Attainment (Adults 25+)

Underwood CDP Rankings in Indiana

#330 Population of 967

#413 Median Income of 967

#146 Education of 967

#237 Home Value of 967

Explore Indiana Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Underwood CDP

These cities in the same state have comparable population and economic profiles.

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Morocco town	1,169	$60,000	$113,500	7.8%	5.8%
Monroeville town	1,145	$54,222	$109,600	14.2%	5.0%
Ashley town	1,174	$56,667	$117,600	6.2%	10.3%
Poseyville town	1,131	$70,455	$131,500	18.5%	6.8%
Thorntown town	1,155	$69,875	$173,400	17.9%	9.7%

Population Overview

Underwood CDP is a small community located in Indiana. The total population is 1,140. It ranks as the 330th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Underwood CDP is 26.9 years. This is 29% lower than the state median of 38.0 years. With 44.9% of the population under 18, Underwood CDP has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Underwood CDP is $61,818. This is 12% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 21% lower. The poverty rate stands at 3.9%. This is 68% lower than the state poverty rate of 12.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.0%. This is 6% lower than the state rate of 4.3%. The median home value is $181,300. Housing costs are 10% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.9x, Underwood CDP is one of the most affordable housing markets in the area. 89.7% of occupied housing units are owner-occupied. This homeownership rate is 27% higher than the state average of 70.3%.

Race & Ethnicity

Underwood CDP has a predominantly White (non-Hispanic) population, comprising 96.8% of all residents. Hispanic or Latino residents account for 1.1%. The Hispanic or Latino population (1.1%) is well below the state average of 8.4%.

Education

31.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 9% higher than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.7%.

Data Sources & Methodology

All demographic data for Underwood CDP, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Underwood CDP, Indiana?

Underwood CDP, Indiana has a population of 1,140 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Underwood CDP, IN?

The median household income in Underwood CDP is $61,818, which is 21% lower the national median of $78,538.

What is the poverty rate in Underwood CDP, IN?

The poverty rate in Underwood CDP is 3.9%. This means approximately 44 residents live below the federal poverty line.

What is the racial makeup of Underwood CDP, Indiana?

Underwood CDP's population is 96.8% White, 0.0% Black, 1.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Underwood CDP, IN?

The median home value in Underwood CDP is $181,300. The home-value-to-income ratio is 2.9x.

How educated is Underwood CDP, Indiana?

31.5% of adults (25+) in Underwood CDP hold a bachelor's degree or higher, and 3.0% hold a graduate or professional degree.