Underwood city, Iowa Demographics & Population 2026

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

As of 2026, Underwood city, Iowa has a total population of 977, the 295th largest city in Iowa, with a median household income of $90,556, which is 24% higher than the state average. The poverty rate is 2.5%.

Key Takeaways

An exceptionally low poverty rate of 2.5% — among the lowest in Iowa.
Near full employment with an unemployment rate of just 1.7%.

Underwood city Quick Facts

Population 977

Median Household Income $90,556

Median Home Value $227,400

Poverty Rate 2.5%

Unemployment Rate 1.7%

Median Age 29.5 years

Homeownership Rate 80.8%

Affordability Ratio 2.5x

Bachelor's Degree or Higher 32.6%

High School Graduation Rate 94.9%

Diversity Index 19/100

Population 977 295th of 1,018

Median Income $90,556 top 20%

Poverty Rate 2.5% 80% lower national

Median Home Value $227,400 top 10%

How Underwood city Compares

Median Household Income

Underwood city

$90,556

$73,147

National

$78,538

Median Home Value

Underwood city

$227,400

$195,900

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 7.8%

$25K-$50K 6.9%

$50K-$100K 43.1%

$100K+ 42.2%

Employment

1.7% Unemployment Rate State: 3.6% | National: 5.2%

78.4% Labor Force Participation

Housing Overview

Owner 80.8%

Renter 19.3%

Affordability Index Very Affordable

2.5x home value to income ratio

People & Demographics

Age Distribution

Under 18

32.5%

18-34

24.5%

35-54

21.6%

55-74

17.2%

75+

4.3%

Race & Ethnicity

Diversity Index

Very Low Diversity

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

State average: 30 | National average: 60

Education

Educational Attainment (Adults 25+)

Underwood city Rankings in Iowa

#295 Population of 1,018

#102 Median Income of 1,018

#116 Education of 1,018

#95 Home Value of 1,018

Explore Iowa 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 city

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

City	Population	Median Income	Home Value	Bachelor's+	Poverty
De Soto city	943	$92,500	$210,500	29.5%	6.7%
Calmar city	980	$81,583	$194,600	28.3%	10.4%
Danville city	966	$82,917	$148,600	28.4%	11.3%
Janesville city	1,012	$84,231	$214,700	25.8%	5.8%
Lawton city	906	$90,278	$246,800	40.2%	8.3%

Population Overview

Underwood city is a small community located in Iowa. The total population is 977. It ranks as the 295th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Underwood city is 29.5 years. This is 24% lower than the state median of 38.6 years. With 32.5% of the population under 18, Underwood city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Underwood city is $90,556. This is 24% higher than the state median of $73,147. Compared to the national median of $78,538, household income here is 15% higher. The poverty rate stands at 2.5%. This is 77% lower than the state poverty rate of 11.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.7%. This is 54% lower than the state rate of 3.6%. The median home value is $227,400. Housing costs are 16% higher than the state median of $195,900. With a home-value-to-income ratio of just 2.5x, Underwood city is one of the most affordable housing markets in the area. 80.8% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 71.5%.

Race & Ethnicity

Underwood city has a predominantly White (non-Hispanic) population, comprising 89.6% of all residents. Hispanic or Latino residents account for 7.3%. The Asian population (1.0%) is well below the state average of 2.4%.

Education

32.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 6% higher than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.9%.

Data Sources & Methodology

All demographic data for Underwood city, Iowa 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 Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Underwood city, Iowa?

Underwood city, Iowa has a population of 977 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Underwood city, IA?

The median household income in Underwood city is $90,556, which is 15% higher the national median of $78,538.

What is the poverty rate in Underwood city, IA?

The poverty rate in Underwood city is 2.5%. This means approximately 24 residents live below the federal poverty line.

What is the racial makeup of Underwood city, Iowa?

Underwood city's population is 89.6% White, 0.0% Black, 7.3% Hispanic/Latino, and 1.0% Asian.

What is the median home value in Underwood city, IA?

The median home value in Underwood city is $227,400. The home-value-to-income ratio is 2.5x.

How educated is Underwood city, Iowa?

32.6% of adults (25+) in Underwood city hold a bachelor's degree or higher, and 13.4% hold a graduate or professional degree.