Lake Oswego, OR

Full City Profile · Oregon · Multnomah County County

3.4 /5.0
B Good
40,367 Population 3,714/sq mi density
$140,441 Median Income $87,160 per capita
$894,000 Home Value $884,631 Zillow
$2,031 Median Rent 29.7% income on rent
55°F Avg Temperature
78 Violent Crime/100K 1,141 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$140,441 median income, 4.3% unemployment
B
Affordability
3.1 / 5.0
$894,000 home value, $2,031/mo rent
F
Safety
1.0 / 5.0
78 violent crimes/100K
A+
Education
5.0 / 5.0
75.1% bachelor's degree or higher

Lake Oswego, OR

At a Glance

Median Income
$140,441
87% above
$87,160 per capita
Home Value
$894,000
217% above
Zillow: $884,631
Median Rent
$2,031/mo
75% above
29.7% of income on rent
Violent Crime
78/100K
79% below
1,141/100K property
Bachelor's Degree+
75.1%
123% above
99.0% high school+
Unemployment
4.3%
19% above
1.7% poverty rate
Obesity Rate
29.1%
9% below
6.6% smoking rate
Avg Temperature
55°F

How Lake Oswego Compares to the U.S. Average

Each bar shows Lake Oswego's value as a percentage of the national average (100% = U.S. avg)

Income
187%
Home Value
317%
Rent
175%
Poverty
14%
Bachelor's
223%
Unemployment
119%
Crime
21%
Thin vertical line = U.S. national average (100%)

Is Lake Oswego a Good Place to Live?

B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake Oswego residents earn a median household income of $140,441 , which is 87% above the national average of $75,149. Per capita income is $87,160. The unemployment rate stands at 4.3% (19% above the U.S. rate of 3.6%). 1.7% of residents live below the poverty line. The area is home to 40,968 business establishments, including 3,193 restaurants.

Housing & Cost of Living

The median home value in Lake Oswego is $894,000 , 217% above the national median of $281,900. Zillow estimates the typical home at $884,631. Median rent is $2,031/month, with 29.7% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1981.

Safety & Crime

Lake Oswego reports 78 violent crimes per 100,000 residents , which is 79% below the national average of 380/100K. Property crime is 1,141/100K. The murder rate is 2.5/100K.

Education

75.1% of adults in Lake Oswego hold a bachelor's degree or higher (123% above the national average). 99.0% have completed high school. Local schools score 5.2/10 in standardized testing.

Climate & Weather

Lake Oswego has an average annual temperature of 55°F (13°C). Winters average 43°F in January while summers reach 71°F in July. Annual precipitation totals 44.8 inches. Air quality is rated Good with a median AQI of 35.

Data Overview

People

Population40,367
Median Age46.5 yrs
Density3,714/mi²
Male / Female51% / 49%
Foreign Born11.2%
Veterans5.6%

Economy

A+
Median Income$140,441
Per Capita$87,160
Unemployment4.3%
Poverty1.7%
County GDP$90,618M
Avg Weekly Wage$1,553

Housing

B
Home Value$894,000
Rent$2,031
Ownership70.8%
Zillow$884,631
Housing Units17,778
Rent Burden29.7%

Crime

F
Violent78/100K
Property1,141/100K
Murder2.5/100K
Assault35/100K
Burglary207/100K

Health

Obesity29.1%
Diabetes6.9%
Smoking6.6%
Heart Disease3.8%
Premature Death7,476/100K

Climate

Avg Temp55°F
Rain44.8 in/yr
AQI35 (Good)
Elevation141 ft

Education

A+
Bachelor's+75.1%
High School+99.0%
Graduate+33.4%
School Score5.2/10

Community

2024 VoteR 17% / D 79%
Commute22 min
Broadband96.5%
Internet Speed201 Mbps
EV Stations35
Libraries19

Did You Know?

Lake Oswego was founded in 1847.
The median home in Lake Oswego was built in 1981.
29.8% work from home.
The nearest airport is Portland International (13 miles).
The Gini coefficient (income inequality) is 0.473 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
8.7% of the population has a disability.
11.2% of residents are foreign-born.
Average internet download speed is 201 Mbps.
There are 3,193 restaurants in the area.
The county recorded 87 fatal vehicle crashes.
182 declared natural disasters on record.