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Lake Oswego, Oregon

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
40,381
Population
$141,549
Median Income
$932,200
Home Value
46.7
Median Age

Demographics

Lake Oswego has a population of 40,381 with a median age of 46.7. Here is the racial and ethnic breakdown of the population:

White
76.9%
Asian
9.2%
Other
7.5%
Hispanic
5.7%
Black
0.7%
Demographic Value
Total Population40,381
Median Age46.7
White76.9%
Black or African American0.7%
Asian9.2%
Hispanic or Latino5.7%
Other / Two or More Races7.5%
Lake Oswego, Oregon — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 76.9%Asian: 9.2%Other: 7.5%Hispanic/Latino: 5.7%Other: 0.7%40,381PopulationWhiteWhite76.9%AsianAsian9.2%OtherOther7.5%Hispanic/LatinoHispanic/Latino5.7%OtherOther0.7%

Income & Economy

The median household income in Lake Oswego is $141,549, which is 75.6% above the national median of $80,610. The per capita income is $91,830. The poverty rate is 3.4%.

$141,549
Median Household Income
$91,830
Per Capita Income
3.4%
Poverty Rate

Employment

The unemployment rate in Lake Oswego is 4.0%, compared to the national rate of 4.1%.

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Education

In Lake Oswego, 99.0% of residents age 25+ have a high school diploma or higher, and 74.8% hold a bachelor's degree or higher (34.1% with a graduate or professional degree).

HS Diploma+
99.0%
Bachelor's+
74.8%
Graduate+
34.1%
Education Level % of Adults (25+)
High School Diploma or Higher99.0%
Bachelor's Degree or Higher74.8%
Graduate or Professional Degree34.1%

Housing

The median home value in Lake Oswego is $932,200, above the national median of $303,400. The median monthly rent is $2,139. The homeownership rate is 69.3%.

$932,200
Median Home Value
$2,139/mo
Median Rent
69.3%
Homeownership Rate
Housing Metric Value
Median Home Value$932,200
Median Monthly Rent$2,139
Homeownership Rate69.3%
Vacancy Rate7.0%

Salaries in Oregon

Explore salary data for popular occupations in Oregon:

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Other Cities in Oregon

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Frequently Asked Questions

What is the population of Lake Oswego, Oregon?
The population of Lake Oswego, Oregon is 40,381 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Oswego, Oregon?
The median household income in Lake Oswego, Oregon is $141,549. This is 75.6% above the national median of $80,610.
What is the median home value in Lake Oswego, Oregon?
The median home value in Lake Oswego, Oregon is $932,200. The median monthly rent is $2,139.
What percentage of people in Lake Oswego have a college degree?
In Lake Oswego, Oregon, 74.8% of adults age 25 and older hold a bachelor's degree or higher, and 99.0% have a high school diploma or higher.
Is Lake Oswego, Oregon an affordable place to live?
The home price-to-income ratio in Lake Oswego, Oregon is 6.6x (median home value $932,200 vs. median income $141,549), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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