Underwood, IN demographics:
population, income, and more

Total population
957
-16.1% year-over-year change
Median household income
$69,625/yr
12.6% year-over-year change
Housing units
239
-25.3% year-over-year change

Underwood population

How many people live in Underwood

Underwood is home to 957 residents, according to the most recent Census data. Gender-wise, 48.9% of Underwood locals are male, and 51.1% are female.

Total population
957
-16.1% year-over-year change
Gender ratio
Male
48.9%
468
Female
51.1%
489
Value Percent YoY change
Male 468 48.9% -15.4%
Female 489 51.1% -16.7%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Underwood is 20, with the population distributed as follows: about 44.5% are children under 15, then 7.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 30.7% of the population, while another 7.5% fall into the 45 to 64 bracket. Finally, around 9.6% are 65 or older.

Median age
20.1
Age breakdown
Under 15
44.5%
15 to 24
7.6%
25 to 44
30.7%
45 to 64
7.5%
Over 65
9.6%
Value Percent YoY change
Under 15 426 44.5% -8.2%
15 to 24 73 7.6% 5.8%
25 to 44 294 30.7% -4.5%
45 to 64 72 7.5% -64.4%
Over 65 92 9.6% -5.2%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Underwood, 97.4% of the population are US-born citizens, while 2.6% have gained naturalized citizenship. There’s also a share of 2.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
97.4%
Non-U.S.-born citizens
2.6%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 932 97.4% -16.6%
Non-U.S.-born citizens 25 2.6% 13.6%
Racial breakdown
White
97.7%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
2.3%
Other
0%
Value Percent
White 935 97.7%
Two or more races 22 2.3%

Households in Underwood

A peek inside Underwood households

Underwood has 239 households, with an average of 4 members in each. Of these, 74.5% are families, while the remaining 25.5% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
239
-25.3% year-over-year change
Average people per household
4
Non-family households
61
Family households
178
Value Percent YoY change
Non-family households 61 25.5% -22.8%
Family households 178 74.5% -26.1%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Underwood

The housing landscape of Underwood

Underwood's housing consists of 239 units, with 82% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 18% of the housing landscape.

Housing units
239
-25.3% year-over-year change
Housing types
Value Percent
1 unit, detached 196 82%
Mobile home 43 18%
Homes built since 2020
0
% year-over-year change

The age of buildings in Underwood

In Underwood, the median construction year is 1973. About 22.2% of homes were built before the 1940s, with another 4.2% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 53 22.2% 3.9%
Built between 1940 and 1949 10 4.2% -9.1%
Built between 1950 and 1959 17 7.1% -59.5%
Built between 1960 and 1969 24 10% 26.3%
Built between 1970 and 1979 45 18.8% -4.3%
Built between 1980 and 1989 21 8.8% -25.0%
Built between 1990 and 1999 45 18.8% -54.5%
Built between 2000 and 2009 14 5.9% 7.7%
Built between 2010 and 2019 10 4.2% 0.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Underwood occupancy rates

Out of the 239 occupied housing units in Underwood, 87.4% are owner-occupied, while 12.6% are lived in by tenants.

Occupied housing units
239
-25.3% year-over-year change
Occupancy breakdown
Renter occupied
30
Owner occupied
209
Value Percent YoY
change
Renter occupied 30 12.6% -9.1%
Owner occupied 209 87.4% -27.2%
Unoccupied housing units
0.0%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Underwood housing costs

Median housing costs per month
$1,174/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.

Education in Underwood

Underwood education at a glance

About 36.1% of the population in Underwood went to high school, while 12% pursued college studies. Another 21.6% earned an associate degree and 25.3% hold a bachelor’s. Meanwhile, 5% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 174 36.1% -29.6%
College diploma 58 12% -19.4%
Associate degree 104 21.6% 4.0%
Bachelor's degree 122 25.3% -29.5%
Graduate degree 24 5% 33.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Underwood

How much people earn in Underwood

The average annual household income in Underwood was $83,073 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +8.3% change from the previous year. At the same time, the median income stood at $69,625, reflecting a +12.6% shift over the same period.

Average household income in Underwood
$83,073/year
8.3% year-over-year change
Median household income in Underwood
$69,625/year
12.6% year-over-year change

Underwood income by age

Those with someone between 45 and 64 in charge, often well established professionally, earn $95,300 overall. Overall, 97.2% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
45 - 64 $95,300 62.1%
Over 65 $44,821 -16.6%
Above poverty level
930
Below poverty level
27
Value Percent YoY
change
Above poverty level 930 97.2% -15.2%
Below poverty level 27 2.8% -38.6%

Employment in Underwood

Workforce and job types in Underwood

The job market in Underwood is powered by 283 working residents, spread across a range of industries and roles. 61.5% of the working population are employed in professional or administrative positions, while 38.5% are in hands-on or service-based jobs.

Workforce demographics

Working population
283
-20.3% year-over-year change
White collar
174
Blue collar
109
Value Percent YoY change
White collar 174 61.5% -11.7%
Blue collar 109 38.5% -31.0%
Employer type
Self employees
0%
Private companies
81.3%
Governmental workers
6%
Not for profit companies
12.7%
Value Percent YoY change
Private companies 230 81.3% -20.7%
Governmental workers 17 6% -45.2%
Not for profit companies 36 12.7% 5.9%
Unemployment rate
5.4%
6.7% year-over-year change

Available workforce

The unemployment rate in Underwood stands at 5.4%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Underwood

How people get around in Underwood

In Underwood, the average commute time is 41 minutes.

Commute time
41 min
9.6% year-over-year change
Means of transportation
Value Percent YoY change
Car 306 100% -18.4%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Underwood by zipcode?

Zipcode Population Number of households Median income Average income
47177 1,782 604 $83,542 $87,839

Explore more communities

FAQs about Underwood demographics 

What is the total population of Underwood?

Underwood has a total population of 957 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -16.1% compared to a year ago.

What is the gender ratio in Underwood?

The gender ratio in Underwood is as follows:
  • 48.9% males (468 residents)
  • 51.1% females (489 residents)

What is the median age in Underwood?

The median age in Underwood is 20.1.

What is the age distribution of the population in Underwood?

The age distribution in Underwood is as follows:
  • Under 15: 44.5% (426 residents)
  • Ages 15-24: 7.6% (73 residents)
  • Ages 25-44: 30.7% (294 residents)
  • Ages 45-64: 7.5% (72 residents)
  • Over 65: 9.6% (92 residents)

What is the racial and ethnic makeup of Underwood?

The racial and ethnic makeup of Underwood is as follows:
  • White: 97.7% (935 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 2.3% (22 residents)
  • Other: 0% (0 residents)

What percentage of the population in Underwood are U.S.-born citizens?

U.S.-born citizens represent 97.4% of the population in Underwood.

How many housing units are there in Underwood?

There are 239 housing units in Underwood, reflecting a -25.3% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Underwood and what is the average household size?

Underwood has a total of 239 households, with an average of 4 people in each.

What is the median household income in Underwood?

Underwood has a median household income of $69,625, representing a +12.6% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Underwood?

The employment rate is 94.6% in Underwood, with a workforce of 283 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 61.5% (174 residents)
  • Blue-collar workers: 38.5% (109 residents)

Places of employment:
  • Self-employed: 0% (0 residents)
  • Private companies: 81.3% (230 residents)
  • Governmental workers: 6% (17 residents)
  • Not-for-profit companies: 12.7% (36 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025