Underwood, Minnesota Unemployment

Underwood, Minnesota has a population of 350, with a median household income of $52,400.

Current unemployment data for Underwood.

3.40%

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Population

350

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Median Income

$52,400

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Unemployment

3.40%

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Housing Price

$145,000

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Crime Rate

2.10

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Internet Speed

500.00 Mbps

Underwood is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Underwood is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Underwood has a population of 350, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Underwood is $52,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Underwood is about $145,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Underwood is 3.40%, which is lower than the state average, indicating a relatively strong job market. Underwood has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Minnesota, Underwood shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Underwood offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Underwood

What is the population of Underwood?

The population of Underwood is approximately 350.

Is Underwood a good place to live?

Underwood offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Underwood?

The median household income in Underwood is around $52,400.

How expensive is housing in Underwood?

The average housing price in Underwood is approximately $145,000.