Underwood, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Underwood, Minnesota had a total population of 461, the 521st largest city in Minnesota, with a median household income of $75,000, which is 16% lower than the state average. The poverty rate is 9.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Near full employment with an unemployment rate of just 2.5%.
Underwood Quick Facts
How Underwood Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 437 | 461 | +5.5% |
| Median household income | $73,750 | $75,000 | +1.7% |
| Median home value | $168,800 | $187,500 | +11.1% |
How Underwood Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Underwood Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Otter Tail County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Fergus Falls | 14,181 | $56,162 | 9.1% | $194,000 |
| Perham | 3,627 | $49,716 | 19.1% | $199,000 |
| Pelican Rapids | 2,586 | $63,917 | 16.6% | $174,100 |
| New York Mills | 1,371 | $56,875 | 15.8% | $166,300 |
| Parkers Prairie | 980 | $57,578 | 10.8% | $168,500 |
| Henning | 860 | $45,500 | 13.8% | $135,700 |
| Battle Lake | 786 | $59,375 | 6.5% | $257,600 |
| Ottertail | 490 | $80,500 | 8.6% | $332,900 |
| Rothsay | 454 | $86,250 | 7.3% | $153,400 |
| Deer Creek | 330 | $52,273 | 8.8% | $120,800 |
Cities Similar to Underwood
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Brandon | 451 | $73,375 | $175,800 | 11.3% | 1.3% |
| Good Thunder | 456 | $81,667 | $178,700 | 16.2% | 7.9% |
| New Auburn | 436 | $73,750 | $159,400 | 13.4% | 2.8% |
| Sacred Heart | 481 | $70,667 | $85,700 | 13.3% | 11.8% |
| Taconite | 468 | $84,375 | $219,600 | 17.1% | 3.6% |
A note before these figures: with a population of 461, Underwood's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Underwood is a small community located in Minnesota, within Otter Tail County. The total population is 461. It ranks as the 521st most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Underwood is 37.0 years. This is 5% lower than the state median of 38.8 years.
Economy, Income & Housing
The median household income in Underwood is $75,000. This is 16% lower than the state median of $89,062. It is also 7% lower than the national median of $80,734. The poverty rate stands at 9.5%. This is 3% higher than the state poverty rate of 9.3%. The unemployment rate is 2.5%. This is 39% lower than the state rate of 4.1%. The median home value is $187,500. Housing costs are 43% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.5x, Underwood is one of the most affordable housing markets in the area. 85.0% of occupied housing units are owner-occupied. This homeownership rate is 18% higher than the state average of 72.2%.
Race & Ethnicity
Underwood has a predominantly White (non-Hispanic) population, comprising 95.0% of all residents. Hispanic or Latino residents account for 3.7%. The Asian population (0.2%) is well below the state average of 5.1%.
Education
23.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.4%.
Data Sources & Methodology
All demographic data for Underwood, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Minnesota city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Underwood, Minnesota?
Underwood, Minnesota has a population of 461 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Underwood, MN?
The median household income in Underwood is $75,000, which is 7% lower than the national median of $80,734.
What is the poverty rate in Underwood, MN?
The poverty rate in Underwood is 9.5%. This means approximately 44 residents live below the federal poverty line.
What is the racial makeup of Underwood, Minnesota?
Underwood's population is 95.0% White, 0.0% Black, 3.7% Hispanic/Latino, and 0.2% Asian.
What is the median home value in Underwood, MN?
The median home value in Underwood is $187,500. The home-value-to-income ratio is 2.5x.
How educated is Underwood, Minnesota?
23.4% of adults (25+) in Underwood hold a bachelor's degree or higher, and 5.0% hold a graduate or professional degree.