City

Lake Oswego, OR

2 ZIP codes  ·  Clackamas County  ·  Oregon

👥46,994Population
💰$136,223Median HH Income▲ 79% above avg
🎂45.8Median Age
🏠$883,027Median Home Value▲ 217% above avg
🎓78.4%College Grads▲ 102% above avg
📊5.3%Unemployment▲ 8% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.6% Female 49.4% ♀

Race & Ethnicity

White: 77%Hispanic: 5.1%Black: 1%Asian: 9.7%Other: 6.7%Race
White77.0%
Hispanic5.1%
Black1.0%
Asian9.7%
Other6.7%

Age Breakdown

Under 5
5%
5–17
18%
18–24
4%
25–44
21%
45–64
29%
65+
11%

Key Indicators

Median Age45.8 yrs
Avg HH Size2.40
Below Poverty3.3% ▼ 68% below avg
College Grads78.4% ▲ 102% above avg
Unemployment5.3% ▲ 8% above avg
No HS Diploma79 (0.2%)
HS Graduate1,763 (5.4%)
Some College1,729 (5.3%)
Associates3,433 (10.6%)
Bachelors1,962 (6.1%)
Graduate Degree23,424 (72.3%)

Education

No HS: 0.2%HS Grad: 5.4%Some College: 5.3%Associates: 10.6%Bachelors: 6.1%Graduate: 72.3%Edu
No HS0.2%
HS Grad5.4%
Some College5.3%
Associates10.6%
Bachelors6.1%
Graduate72.3%
Housing & Income

Housing Tenure

Owner: 69.3%Renter: 30.7%Tenure
Owner69.3%
Renter30.7%

Home Value Distribution

Under $50k
1%
$50k–$100k
1%
$100k–$150k
0%
$150k–$200k
1%
$200k–$300k
4%
$300k–$500k
11%
Over $500k
82%

Financials

Median HH Income$136,223 ▲ 79% above avg
Median Home Value$883,026 ▲ 217% above avg
Home/Income Ratio6.5x (nat avg ~3.5x)
Median Rent$1,987/mo
Total Housing Units20,839
Vacant Units1,377

Income Distribution

Under $25k
7%
$25k–$50k
6%
$50k–$75k
11%
$75k–$100k
10%
$100k–$150k
20%
$150k–$200k
13%
Over $200k
33%
Employment & Commute

How People Get to Work

Drove Alone
66%
Public Transit
1%
Walked
2%
Work From Home
31%

Commute Time

Under 15 min
26%
15–30 min
44%
30–45 min
22%
Over 45 min
8%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
11%
1960s–1970s
22%
1980s–1990s
10%
2000+
55%
About Lake Oswego, OR

Lake Oswego is a city in Oregon, located in Clackamas County. The city spans 2 ZIP codes and is home to approximately 46,994 residents. It is a mature city, with a median age of 45.83 years.

Economically, Lake Oswego is a upper-middle-income community. The median household income of $136,223 is significantly above the national average. Approximately 3.3% of residents live below the poverty line. The unemployment rate is 5.3%, near the national average.

The real estate market in Lake Oswego is among the most expensive housing markets in the country. Median home values stand at $883,026, which is more than double the national average. Renters typically pay around $1,986 per month. Homeownership is high at 69.3%, typical of suburban and family-oriented communities.

The population of Lake Oswego is highly educated. 78.4% of adults hold a bachelor's degree or higher — more than double the national average. The community is primarily White (76.98%).

Lake Oswego, OR offers residents above-average earning potential within Oregon. Spread across 2 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.

ZIP Codes in Lake Oswego
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
97034 21,119 $147,688 $995,900 $2,030 6.0% 79.2% 76.1%
97035 25,875 $126,866 $790,900 $1,951 4.7% 77.7% 63.7%