US ZIP Code
97035

Lake Oswego, OR

Clackamas County  ·  Oregon

● Active
👥 25,875 Population ↓ 4% since 2019
💰 $126,866 Median HH Income
▲ 66% above avg ↑ 29% since 2019
🎂 43.0 Median Age
🏠 $790,900 Median Home Value
▲ 184% above avg ↑ 46% since 2019
🎓 77.7% College Grads
▲ 101% above avg
📊 4.7% Unemployment
≈ Avg
ZIP Code Details
ZIP Code97035
CityLake Oswego
StateOregon (OR)
CountyClackamas County
Area Code503
Elevation225 ft
Latitude45.413601
Longitude-122.725252
TimezoneLos Angeles (DST)
FIPS41005
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 50.1% (12,963) Female 49.9% (12,912) ♀

Race & Ethnicity

White: 74.2%Hispanic: 6.1%Black: 1.6%Asian: 12.1%Other: 5.6%Race
White74.2%
Hispanic6.1%
Black1.6%
Asian12.1%
Other5.6%

Age Breakdown

Under 5
6%
5–17
17%
18–24
5%
25–44
24%
45–64
28%
65+
11%

Key Indicators

Median Age43.0 yrs
Avg Household Size2.35
Below Poverty3.8% ▼ 62% below avg
College Grads77.7% ▲ 101% above avg
Unemployment4.7% ≈ Avg
No HS Diploma24 (0.1%)
HS Graduate1,124 (6.4%)
Some College1,008 (5.7%)
Associates1,775 (10.1%)
Bachelors1,072 (6.1%)
Graduate Degree12,651 (71.7%)

Education

No HS: 0.1%HS Grad: 6.4%Some College: 5.7%Associates: 10.1%Bachelors: 6.1%Graduate: 71.7%Edu
No HS0.1%
HS Grad6.4%
Some College5.7%
Associates10.1%
Bachelors6.1%
Graduate71.7%
Housing & Income

Housing Tenure

Owner: 63.7%Renter: 36.3%Tenure
Owner63.7%
Renter36.3%

Home Value Distribution

Under $50k
1%
$50k–100k
0%
$100k–150k
0%
$150k–200k
1%
$200k–300k
7%
$300k–500k
14%
Over $500k
77%

Financials

Median HH Income$126,866 ▲ 66% above avg ↑ 29% since 2019
Median Home Value$790,900 ▲ 184% above avg ↑ 46% since 2019
Home/Income Ratio6.2x (nat avg ~3.5x)
Median Rent$1,951/mo ↑ 22% since 2019
Total Units11,822
Vacant Units861
Avg HH Size2.35

Income Distribution

Under $25k
7%
$25k–50k
6%
$50k–75k
11%
$75k–100k
11%
$100k–150k
21%
$150k–200k
14%
Over $200k
29%
Employment & Commute

How People Get to Work

Drove Alone
67%
Public Transit
1%
Walked
2%
Work From Home
30%

Commute Time

Under 15 min
28%
15–30 min
44%
30–45 min
21%
Over 45 min
7%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
8%
1960s–1970s
27%
1980s–1990s
10%
2000+
55%

Summary

Total Units11,822
Vacant861
Owner Occupied63.7%
Renter Occupied36.3%
Avg HH Size2.35
Frequently Asked Questions
ZIP code 97035 is in Lake Oswego, OR, in Clackamas County.
ZIP code 97035 is located in Oregon (OR).
ZIP code 97035 is in Clackamas County, OR.
ZIP 97035 observes the Los Angeles timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 97035 is 25,875 people (ACS 2023).
The median household income in ZIP code 97035 is $126,866 (ACS 2023).
The median home value in ZIP 97035 is $790,900 (ACS 2023).
About ZIP Code 97035

ZIP code 97035 is located in Lake Oswego, Oregon, within Clackamas County. With a population of 25,875, this is a moderately populated ZIP code with a middle-aged community — the median age is 43 years. Economically, 97035 is a upper-middle-income ZIP code: the median household income of $126,866 is significantly above the national average.

Real estate in ZIP code 97035 represents a premium housing market. The median home value of $790,900 is more than double the national average. Renters can expect to pay around $1,951 per month in median rent. Homeownership is strong here — 63.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 46% since 2019.

The population of 97035 is primarily White (74.16%). Residents are highly educated — 77.7% hold a bachelor's degree or higher, which is more than double the national average. Poverty affects a relatively small share of residents at 3.8%. Household income has grown by 29% since 2019.

The unemployment rate in 97035 stands at 4.7%, which is near the national average. A notably high share of workers — 28% — 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 97035 in Lake Oswego, OR is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 25,875 residents, a median household income of $126,866, and a median home value of $790,900, it offers a clear picture of life in this part of Oregon.