Underwood, ND
Population 701 · North Dakota
About Underwood, ND
Underwood is a small community located in North Dakota with a population of 701 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,625 per year, which is 5% below the national median of $75,149. The median age of 45.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Underwood features a median home value of $196,300, which is 20% below the national median of $244,900. This positions Underwood in a moderately priced market relative to the rest of the country. Median monthly rent is $718, 38% below the national average of $1,163/month. Of the 373 total housing units, 80% are owner-occupied (271 units) and 20% are renter-occupied (68 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Underwood shows an unemployment rate of 7.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Underwood have an average one-way commute time of 23 minutes.
Education & Demographics
18.9% of Underwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.1% White, 2.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.4% of the population being foreign-born.
Cost of Living in Underwood, ND
Compared to national averages, Underwood has a median household income of $71,625 (5% below the national median of $75,149). Home values average $196,300, which is 20% below the national median. Monthly rent at $718 is 38% below the US average of $1,163. Within North Dakota, Underwood's income is 1% below the state average of $72,691, and home values are 41% above the state median of $139,496.
Why Live in Underwood, ND?
Underwood offers affordable housing with a median home value of $196,300, below the US average of $244,900, and rent that’s lower than the national average at $718/month, and a low poverty rate of 10.2%, better than the national average. Additionally, the city features short commute times averaging just 23 minutes.
Potential considerations include median household income ($71,625) that falls below the national average. However, Underwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Underwood has a population of 701 with a median age of 45.3 years. Compare Underwood with other cities to see how it stacks up, or explore all cities in North Dakota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Underwood
What is the population of Underwood, ND?
The population of Underwood, ND is 701 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Dakota.
What is the median household income in Underwood?
The median household income in Underwood, ND is $71,625 per year, which is 5% below the national median of $75,149.
What is the median home value in Underwood?
The median home value in Underwood, ND is $196,300, which is 20% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Underwood?
The median monthly rent in Underwood, ND is $718, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Underwood?
The unemployment rate in Underwood, ND is 7.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Underwood, ND a good place to live?
Underwood offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 701 and a median age of 45.3, the city appeals to established professionals and retirees.
How educated is Underwood, ND?
18.9% of residents in Underwood aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Underwood?
Key cost-of-living indicators for Underwood, ND: median home value is $196,300 (20% below national), median rent is $718/month, and median household income is $71,625. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Underwood?
The poverty rate in Underwood, ND is 10.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Underwood, ND?
Underwood's population is 1.1% White, 2.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.0% two or more races. 3.4% of residents are foreign-born.