Underwood is a small town of 420 in Minnesota, with a median household income of $61,000
and a 3.8% unemployment rate.
Its cost of living index is 95 (US average = 100), which is
5% below the national average.
Strengths:
Underwood stands out for an affordable cost of living, below-average home prices, solid school ratings (B+), short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether Underwood is right for you depends on your priorities — the full breakdown is below.
All Underwood city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 94.6
Underwood's overall cost of living index is 94.6,
where 100 represents the US national average.
Living in Underwood costs roughly 5% less than the average American city.
Metric
Underwood, MN
National Avg
Median Home Value
$146,100
$244,900
Median Monthly Rent
$913
$1,163
Homeownership Rate
80.1%
65.9%
Median Household Income
$61,000
$74,755
Crime & Safety
Very Safe
Underwood's violent crime rate is 81.7 per 100,000 residents
— 78% lower than the national average of ~380 per 100,000.
Violent Crime
81.7 /100k
Property Crime
754.1 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Underwood is served primarily by UNDERWOOD PUBLIC SCHOOL DISTRICT.
The student-to-teacher ratio is 13.2:1
(better than the national average of ~16:1).
Metric
Underwood, MN
National Avg
School District
UNDERWOOD PUBLIC SCHOOL DISTRICT
—
Elementary Schools
1
—
Middle Schools
N/A
—
High Schools
1
—
Student/Teacher Ratio
13.2:1
16:1
Bachelor's Degree or Higher
26.4%
35.4%
High School Diploma or Higher
90.2%
91.1%
Weather & Climate
Underwood sees average highs of 18.4°F in January
and 80.8°F in July,
with 27.4 inches of annual precipitation
and 54.0 inches of snow per year.
Underwood's cost of living index is 95, where 100 is the national average.
That makes Underwood roughly 5% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $146,100 and median rent is $913/month.
Underwood's violent crime rate is 81.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 754.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Underwood are operated by UNDERWOOD PUBLIC SCHOOL DISTRICT.
The district has 1 elementary, several middle, and 1 high schools.
The student-to-teacher ratio is 13.2:1. 26.4% of adults 25+ hold a bachelor's degree or higher.
Underwood, MN has a population of 420, a median household income of $61,000, and an unemployment rate of 3.8%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Underwood averages 18.4°F in January and 80.8°F in July. Annual rainfall is 27.4 inches
with about 54.0 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Underwood, MN is covered by 1 ZIP code: 56586.
The population of Underwood, Minnesota is 420 with a median age of 36.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Underwood: cost of living index 95 (100 = US average), median home $146,100, median household income $61,000, crime index 27 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Underwood side by side with your current city to see the trade-offs.
