The 2002 season of 1. deild karla was the 48th season of second-tier football in Iceland.
League table
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Promotion or relegation |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Valur (C, P) | 18 | 12 | 3 | 3 | 34 | 12 | +22 | 39 | Promoted to 2003 Úrvalsdeild |
| 2 | Þróttur R. (P) | 18 | 10 | 3 | 5 | 40 | 21 | +19 | 33 | |
| 3 | Stjarnan | 18 | 10 | 3 | 5 | 37 | 28 | +9 | 33 | |
| 4 | Afturelding | 18 | 7 | 6 | 5 | 30 | 29 | +1 | 27 | |
| 5 | Víkingur R. | 18 | 7 | 4 | 7 | 29 | 28 | +1 | 25 | |
| 6 | Haukar | 18 | 6 | 6 | 6 | 26 | 22 | +4 | 24 | |
| 7 | Breiðablik | 18 | 7 | 2 | 9 | 29 | 31 | −2 | 23 | |
| 8 | Leiftur/Dalvík | 18 | 4 | 6 | 8 | 25 | 34 | −9 | 18 | |
| 9 | ÍR (R) | 18 | 4 | 4 | 10 | 15 | 39 | −24 | 16 | Relegated to 2003 2. deild |
| 10 | Sindri (R) | 18 | 3 | 3 | 12 | 14 | 35 | −21 | 12 |
Source: rsssf.com
Rules for classification: 1) points; 2) goal difference; 3) number of goals scored.
(C) Champions; (P) Promoted; (R) Relegated
Notes:
Rules for classification: 1) points; 2) goal difference; 3) number of goals scored.
(C) Champions; (P) Promoted; (R) Relegated
Notes:
- ^ Leiftur and Dalvík merged, resulting in Afturelding being promoted to 1. deild karla after the 2001 season.