| ZIP Code | 97034 |
|---|---|
| City | Lake Oswego |
| State | Oregon (OR) |
| County | Clackamas County |
| Area Code | 503 |
| Elevation | 144 ft |
| Latitude | 45.409482 |
|---|---|
| Longitude | -122.685688 |
| Timezone | Los Angeles (DST) |
| FIPS | 41005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.3 yrs |
|---|---|
| Avg Household Size | 2.47 |
| Below Poverty | 2.6% ▼ 74% below avg |
| College Grads | 79.2% ▲ 104% above avg |
| Unemployment | 6.0% ▲ 23% above avg |
| No HS Diploma | 55 (0.4%) |
| HS Graduate | 639 (4.3%) |
| Some College | 721 (4.9%) |
| Associates | 1,658 (11.3%) |
| Bachelors | 890 (6%) |
| Graduate Degree | 10,773 (73.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $147,688 ▲ 94% above avg ↑ 15% since 2019 |
|---|---|
| Median Home Value | $995,900 ▲ 257% above avg ↑ 35% since 2019 |
| Home/Income Ratio | 6.7x (nat avg ~3.5x) |
| Median Rent | $2,030/mo ↑ 24% since 2019 |
| Total Units | 9,017 |
| Vacant Units | 516 |
| Avg HH Size | 2.47 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 9,017 |
|---|---|
| Vacant | 516 |
| Owner Occupied | 76.1% |
| Renter Occupied | 23.9% |
| Avg HH Size | 2.47 |
ZIP code 97034 is located in Lake Oswego, Oregon, within Clackamas County. With a population of 21,119, this is a moderately populated ZIP code with a mature community — the median age is 49.3 years. Economically, 97034 is a upper-middle-income ZIP code: the median household income of $147,688 is significantly above the national average.
Real estate in ZIP code 97034 represents among the most expensive housing markets in the country. The median home value of $995,900 is more than double the national average. Renters can expect to pay around $2,030 per month in median rent. Homeownership is strong here — 76.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 35% since 2019.
The population of 97034 is primarily White (80.43%). Residents are highly educated — 79.2% hold a bachelor's degree or higher, which is more than double the national average. Poverty affects a relatively small share of residents at 2.6%. Household income has grown by 15% since 2019.
The unemployment rate in 97034 stands at 6.0%, which is above the national average. A notably high share of workers — 31% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 62%.
Overall, ZIP code 97034 in Lake Oswego, OR is characterized as upper-middle-income, highly educated, a mature community, and predominantly owner-occupied. With 21,119 residents, a median household income of $147,688, and a median home value of $995,900, it offers a clear picture of life in this part of Oregon.