Underwood, IN population, income and housing data

Underwood CDP is a small town in Indiana, with 1,140 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #330 of 976 ranked by population — larger than 66% of them. The median age here is 26.9 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Underwood CDP earn a median of $61,818 a year, 21.3% below the national figure of $78,538 and within a couple of points of the $61,527 median for the 355 Indiana cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 3.9% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Underwood CDP is valued at $181,300, 40.2% below the national figure and 25% above the $145,600 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 2.9×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 89.7% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

A median age of 26.9 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address.

The Census withheld gross rent for Underwood CDP because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.