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Underwood city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Underwood city, Minnesota has a total population of 437, the 534th largest city in Minnesota, with a median household income of $73,750, which is 16% lower than the state average. The poverty rate is 14.0%.

Key Takeaways

Underwood city Quick Facts

Population 437
Median Household Income $73,750
Median Home Value $168,800
Poverty Rate 14.0%
Unemployment Rate 2.7%
Median Age 38.8 years
Homeownership Rate 84.4%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 25.9%
High School Graduation Rate 89.0%
Diversity Index 11/100
Population 437 534th of 913
Median Income $73,750 above average
Poverty Rate 14.0% 12% higher national
Median Home Value $168,800 average

How Underwood city Compares

Economy & Housing

Employment

2.7% Unemployment Rate State: 3.9% | National: 5.2%
66.4% Labor Force Participation

Housing Overview

Owner 84.4%
Renter 15.6%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Underwood city Rankings in Minnesota

#534 Population of 913
#341 Median Income of 913
#296 Education of 913
#427 Home Value of 913

Other Cities in Otter Tail County

CityPopulationMedian IncomePovertyHome Value
Fergus Falls city 14,138 $50,865 10.7% $173,300
Perham city 3,577 $47,088 19.5% $186,000
Pelican Rapids city 2,589 $65,482 17.1% $177,700
New York Mills city 1,319 $51,696 11.4% $144,900
Parkers Prairie city 1,089 $58,750 13.8% $152,500
Henning city 836 $44,000 11.7% $127,400
Battle Lake city 794 $58,125 5.3% $221,000
Ottertail city 490 $83,750 7.1% $262,500
Deer Creek city 273 $55,000 3.7% $123,100
Dalton city 266 $66,094 3.8% $104,500

Cities Similar to Underwood city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Miltona city433$73,750$184,10016.7%19.6%
Crown College CDP426N/AN/AN/A0.0%
Herman city428$72,917$102,10017.7%9.6%
Kellogg city438$68,438$166,80016.4%5.9%
Good Thunder city423$71,818$169,90015.2%8.5%

Population Overview

Underwood city is a small community located in Minnesota, within Otter Tail County. The total population is 437. It ranks as the 534th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Underwood city is 38.8 years. This is about average than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Underwood city is $73,750. This is 16% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 6% lower. The poverty rate stands at 14.0%. This is 52% higher than the state poverty rate of 9.2%. The unemployment rate is 2.7%. This is 32% lower than the state rate of 3.9%. The median home value is $168,800. Housing costs are 45% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.3x, Underwood city is one of the most affordable housing markets in the area. 84.4% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 72.4%.

Race & Ethnicity

Underwood city has a predominantly White (non-Hispanic) population, comprising 94.3% of all residents. Hispanic or Latino residents account for 3.9%. The Black or African American population (0.2%) is well below the state average of 6.7%.

Education

25.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.0%.

Data Sources & Methodology

All demographic data for Underwood city, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Underwood city, Minnesota?

Underwood city, Minnesota has a population of 437 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Underwood city is $73,750, which is 6% lower the national median of $78,538.

What is the poverty rate in Underwood city, MN?

The poverty rate in Underwood city is 14.0%. This means approximately 61 residents live below the federal poverty line.

What is the racial makeup of Underwood city, Minnesota?

Underwood city's population is 94.3% White, 0.2% Black, 3.9% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Underwood city is $168,800. The home-value-to-income ratio is 2.3x.

How educated is Underwood city, Minnesota?

25.9% of adults (25+) in Underwood city hold a bachelor's degree or higher, and 5.2% hold a graduate or professional degree.