Lake Oswego, OR Demographics

The total population of Lake Oswego is estimated to be 40,457 with 20,695 males (51.15%) and 19,762 females (48.85%). There are 933 less females than males in Lake Oswego.
The median household income in Lake Oswego was $130,342 in 2021, which marked an an increase of 661(0.51%) from $129,681 in 2020. This income is 174.71% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lake Oswego sees its highest median household income among householders in the age group of 45 to 64 years old, at $186,195. Overall, the median household income for the city of Lake Oswego stands at $130,342.
In Lake Oswego, the median income for all workers aged 15 years and older, regardless of work hours, was $84,252 for males and $48,230 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $128,880 for males and $85,926 for females.
In Lake Oswego, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Native Hawaiian and Other Pacific Islander households have the highest median household income at $197,990, while White households represent the opposite end with the lowest median household income of $125,941.
In 2022, the population of Lake Oswego was 40,108, a 1.08% decrease year-by-year from 2021. Previously, in 2021, Lake Oswego's population was 40,544, a decline of 0.68% compared to a population of 40,822 in 2020.
The median age in Lake Oswego, OR is 45.9, as per 2021 ACS 5-Year Estimates. Of the total population, 17.59% were under the age of 15, 14.50% aged 15 to 29, 46.91% aged 30 to 64, 18.97% aged 65 to 84, and 2.03% were 85 years of age and older.
Racial distribution of Lake Oswego population: 79.70% are White, 0.78% are Black or African American, 0.56% are American Indian and Alaska Native, 8.40% are Asian, 0.50% are Native Hawaiian and other Pacific Islander, 1.07% are some other race and 8.99% are multiracial.