City

Underwood, IN

1 ZIP code  ·  Clark County  ·  Indiana

👥1,960Population
💰$75,993Median HH Income≈ Avg
🎂33.9Median Age
🏠$177,500Median Home Value▼ 36% below avg
🎓37.5%College Grads≈ Avg
📊7.3%Unemployment▲ 50% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 47.2% Female 52.8% ♀

Race & Ethnicity

White: 95.9%Hispanic: 0.6%Black: 0.2%Other: 1.3%Race
White95.9%
Hispanic0.6%
Black0.2%
Other1.3%

Age Breakdown

Under 5
16%
5–17
20%
18–24
6%
25–44
20%
45–64
28%
65+
7%

Key Indicators

Median Age33.9 yrs
Avg HH Size3.09
Below Poverty5.8% ▼ 42% below avg
College Grads37.5% ≈ Avg
Unemployment7.3% ▲ 50% above avg
HS Graduate458 (41.2%)
Some College143 (12.8%)
Associates95 (8.5%)
Bachelors113 (10.2%)
Graduate Degree304 (27.3%)

Education

HS Grad: 41.2%Some College: 12.8%Associates: 8.5%Bachelors: 10.2%Graduate: 27.3%Edu
HS Grad41.2%
Some College12.8%
Associates8.5%
Bachelors10.2%
Graduate27.3%
Housing & Income

Housing Tenure

Owner: 88.8%Renter: 11.2%Tenure
Owner88.8%
Renter11.2%

Home Value Distribution

Under $50k
6%
$50k–$100k
19%
$100k–$150k
24%
$150k–$200k
3%
$200k–$300k
30%
$300k–$500k
17%
Over $500k
1%

Financials

Median HH Income$75,993 ≈ Avg
Median Home Value$177,500 ▼ 36% below avg
Home/Income Ratio2.3x (nat avg ~3.5x)
Median Rent$950/mo
Total Housing Units701
Vacant Units66

Income Distribution

Under $25k
16%
$25k–$50k
3%
$50k–$75k
28%
$75k–$100k
11%
$100k–$150k
26%
$150k–$200k
11%
Over $200k
5%
Employment & Commute

How People Get to Work

Drove Alone
98%
Walked
2%

Commute Time

Under 15 min
20%
15–30 min
30%
30–45 min
23%
Over 45 min
28%
Housing Stock

Year Built

1940s–1950s
7%
1960s–1970s
16%
1980s–1990s
21%
2000+
56%
About Underwood, IN

Underwood is a city in Indiana, located in Clark County. The city spans 1 ZIP code and is home to approximately 1,960 residents. It is a relatively young city, with a median age of 33.9 years.

Economically, Underwood is a middle-income community. The median household income of $75,993 is near the national average. Approximately 5.8% of residents live below the poverty line. The unemployment rate is 7.3%, significantly above the national average.

The real estate market in Underwood is an affordable housing market. Median home values stand at $177,500, which is below the national average. Renters typically pay around $950 per month. Homeownership is high at 88.8%, typical of suburban and family-oriented communities.

The population of Underwood is moderately educated. 37.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (95.87%).

Underwood, IN offers residents a cost-conscious lifestyle within Indiana.

ZIP Codes in Underwood
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47177 1,960 $75,993 $177,500 $950 7.3% 37.5% 88.8%