Minnesota · Census place 66172
Underwood city, MN
Quick answer
Underwood city has 437 residents, ranking #535 of 914 places in Minnesota. Median household income is $73,750, the median home is worth $168,800 and median gross rent runs $1,016 a month.
- Population
- 437Underwood city residents
- Median household income
- $73,750Past 12 months, inflation adjusted
- Median home value
- $168,800Owner-occupied units
- Median gross rent
- $1,016Rent plus utilities, monthly
- Median age
- 38.8 yrsAll residents
- Homeownership rate
- 84.4%Owner-occupied households
What the numbers mean in Underwood city
Housing cost measured against local earnings.
A household earning the Underwood city median would spend about 16.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14% of residents and 84.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Elmore city 442
- Kellogg city 438
- Green Isle city 437
- Soudan CDP 434
- Miltona city 433
- Morton city 432
- Oklee city 432
Keep going
More Minnesota coverage.