Census Bureau data for Lake Oswego city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Lake Oswego city
- What is the median household income in Lake Oswego city?
- The median household income in Lake Oswego city is $140,441 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Lake Oswego city?
- The poverty rate in Lake Oswego city is 1.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in Lake Oswego city?
- $894,000 (U.S. Census Bureau ACS 2023).
- What is the average rent in Lake Oswego city?
- The median gross rent in Lake Oswego city is $2,031 per month (U.S. Census Bureau ACS 2023).
- What percentage of Lake Oswego city residents have a college degree?
- 75.1% of adults in Lake Oswego city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
40,367
Median Income
$140,441
Median Home Value
$894,000
Poverty Rate
1.7%
Unemployment (ACS 2023)
4.3%
Median Age
46.0 yrs
Since 2019
Median Income:
+$31,514 (+28.9%)
Home Value:
+$256,800 (+40.3%)
Poverty Rate:
-0.3 pp (-15%)
Bachelor's+:
+3.7 pp (+5.2%)
Unemployment:
+0.4 pp (+10.3%)
Demographics
Total Population
40,367
Median Age
46.0
Female
49.2%
Race & Ethnicity
Hispanic or Latino 4.9%
White (non-Hisp.) 77.9%
Black 1.1%
Asian 8.3%
Two or More 10.1%
Other 1.2%
Asian Subgroups (% of total pop.)
Chinese
3.1%
Korean
1.8%
Indian
1.5%
Japanese
0.8%
Filipino
0.2%
Vietnamese
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$140,441
±$6,130
+$60,015 vs. state
Per Capita Income
$206,979
Median Family Income
$175,291
Poverty Rate
1.7%
-5.6 pp vs. state
Child Poverty Rate
1.8%
Working-Age Poverty Rate
—
SNAP Recipients
2.9%
Social Security Income
—
Retirement Income
30.5%
Household Income Distribution
< $10k
1.9%
$10–15k
1.2%
$15–25k
2.8%
$25–35k
2.9%
$35–50k
5.0%
$50–75k
11.3%
$75–100k
9.8%
$100–150k
18.9%
$150–200k
13.3%
$200k+
33.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
17,838
Owner-Occupied
70.8%
Renter-Occupied
29.2%
Vacancy Rate
6.6%
Median Home Value
$894,000
+$439,800 vs. state
Median Gross Rent
$2,031
Owner Cost Burden (30%+)
20.2%
Renter Cost Burden (30%+)
42.5%
Home Value Distribution
< $50k
1.1%
$50–100k
0.9%
$100–200k
0.5%
$200–300k
4.4%
$300–500k
10.1%
$500k–$1M
43.6%
$1M+
38.5%
Gross Rent Distribution
< $500
1.4%
$500–1k
1.6%
$1–1.5k
7.5%
$1.5–2k
38.0%
$2–2.5k
23.8%
$2.5–3.5k
11.8%
$3.5k+
15.8%
Vehicle Availability
No vehicle
3.1%
1 vehicle
31.2%
2 vehicles
45.1%
3+
20.6%
Housing Type
Single-fam. det.
62.7%
Single-fam. att.
7.9%
2–4 units
1.0%
5–19 units
7.5%
20+ units
11.6%
Mobile home
0.3%
Housing Age
Pre-1940
3.4%
1940–1969
2.8%
1970–1999
22.6%
2000–2009
10.4%
2010+
7.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
99.0%
Bachelor's or Higher
75.1%
+38.9 pp vs. state
Graduate Degree
33.6%
Some College / Associate
12.5%
Less Than High School
0.3%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
61.4%
Unemployment Rate
4.3%
-1.1 pp vs. state
Work from Home
29.8%
Self-Employed
9.0%
Government Workers
10.9%
Private For-Profit
79.3%
Industry
Edu/Health
26.3%
Prof. Services
18.0%
Finance
10.4%
Manufacturing
9.7%
Retail
7.8%
Arts/Entmt.
5.9%
Construction
4.1%
Wholesale
3.9%
Transportation
3.0%
Public Admin
2.7%
Information
2.7%
Occupation
Management
69.2%
Sales
16.6%
Food Prep
6.5%
Production
5.2%
Construction
2.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
22.2 min
Drove Alone
61.9%
Carpool
4.0%
Public Transit
1.2%
Work from Home
29.8%
Walked
1.3%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
16,654
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
58.3%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
24.9%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.0%
5–9
5.4%
10–14
7.6%
15–19
6.1%
20–24
2.8%
25–34
7.8%
35–44
12.7%
45–54
15.5%
55–64
6.7%
65–74
7.3%
75–84
14.1%
85+
6.2%
Under 18: 23.0%
Working age (18–64): 77.0%
65 and over: 22.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
11.2%
Naturalized Citizen
63.2%
Speaks English Less Than Very Well
2.8%
Foreign-Born Origin
Asia
54.5%
Europe
22.4%
Latin America
9.8%
Africa
5.0%
Veterans & Disability
Veteran
5.6%
With a Disability
8.7%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.7%
Uninsured
2.3%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
96.5%
Has a Computer
98.2%
Same House 1 Year Ago
85.9%
Moved from Abroad
0.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023