What is the median household income in Lake Oswego, OR?
The median household income in Lake Oswego, OR is $141,549 (±$6,903) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,139 a month would take about $85,600 a year at the common guideline of spending no more than 30% of income on rent.
In Lake Oswego, the median household income went from $108,927 in 2015–2019 to $141,549 in 2020–2024 (+29.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $141,549 (±$6,903)
- Median renter income
- $91,729 (±$7,287)
- Income to afford median rent
- about $85,600
Income in Lake Oswego against Clackamas County, its state and the nation
| Lake Oswego | Clackamas County | Oregon | United States | |
|---|---|---|---|---|
| Median household income | $141,549 (±$6,903) | $103,517 (±$1,974) | $83,011 (±$573) | $80,734 |
| Median renter household income | $91,729 (±$7,287) | $66,020 (±$1,988) | $55,785 (±$659) | $52,966 |
| Median owner household income | $180,131 (±$8,701) | $124,690 (±$2,589) | $103,598 (±$748) | $100,009 |
| Median gross rent | $2,139 (±$104) | $1,758 (±$23) | $1,525 (±$10) | $1,413 |
In Lake Oswego, median household income is higher than in Clackamas County ($103,517).
It is also higher than in Oregon ($83,011).
It is higher than the national figure ($80,734).
In Clackamas County, Lake Oswego ranks 5 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 10 of 299.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Lake Oswego
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $2,139 a month ($25,668 a year) needs an income of about $85,600 a year.
The median renting household in Lake Oswego earns $91,729 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $108,927 (±$7,400) | $141,549 (±$6,903) | +29.9% | No measurable change after inflation |
| Median gross rent | $1,614 (±$52) | $2,139 (±$104) | +32.5% | Up after inflation |
| Median home value | $637,200 (±$15,110) | $932,200 (±$25,230) | +46.3% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Lake Oswego
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Lake Oswego | — | $141,549 (±$6,903) | — |
| Stafford | 2.4 mi | $163,155 (±$53,111) | Not measurably different |
| Rivergrove | 2.5 mi | $212,898 (±$48,097) | Higher |
| Dunthorpe | 2.7 mi | $250,000 or more | — |
| Durham | 3.1 mi | $81,250 (±$27,544) | Lower |
| Oak Grove | 3.2 mi | $86,226 (±$6,534) | Lower |
| Metzger | 3.9 mi | $91,102 (±$21,688) | Lower |
| Tigard | 4.1 mi | $108,823 (±$5,405) | Lower |
| Jennings Lodge | 4.3 mi | $71,054 (±$12,341) | Lower |
Nearby places with a measurably lower figure: Durham, OR ($81,250), Oak Grove, OR ($86,226), Metzger, OR ($91,102).
Nearby places with a measurably higher figure: Rivergrove, OR ($212,898).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Clackamas County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Rivergrove | $212,898 (±$48,097) |
| 2 | Stafford | $163,155 (±$53,111) |
| 3 | Boring | $158,625 (±$76,544) |
| 4 | West Linn | $146,507 (±$13,220) |
| 5 | Lake Oswego | $141,549 (±$6,903) |
| 6 | Beavercreek | $135,032 (±$23,950) |
| 7 | Damascus | $122,500 (±$9,841) |
| 8 | Happy Valley | $122,151 (±$9,243) |
| 9 | Sandy | $108,984 (±$18,920) |
| 10 | Mulino | $108,482 (±$32,415) |
| 11 | Oatfield | $103,224 (±$8,808) |
Showing 11 of 23 places in Clackamas County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Oswego
What is the median household income in Lake Oswego?
The median household income in Lake Oswego is $141,549 (±$6,903) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Lake Oswego?
About $85,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,139 a month.
Have incomes in Lake Oswego kept up with inflation?
In Lake Oswego, the median household income went from $108,927 in 2015–2019 to $141,549 in 2020–2024 (+29.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Lake Oswego?
The median renting household in Lake Oswego, OR earns $91,729 (±$7,287) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake Oswego city, Oregon
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Oswego city, Oregon
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Oswego city, Oregon
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake Oswego city, Oregon
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Oswego city, Oregon
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Oswego city, Oregon
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Oswego city, Oregon (place:40550, in state:41).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lake Oswego at a glance
- Median rent in Lake Oswego
- Rent by bedrooms in Lake Oswego
- Rent burden in Lake Oswego
- Renters and owners in Lake Oswego
- Home values in Lake Oswego
- Homeowner costs in Lake Oswego
- Property taxes in Lake Oswego
- Types of homes in Lake Oswego
- Bedrooms in Lake Oswego
- Age of homes in Lake Oswego
- Vacancy rate in Lake Oswego
- Heating fuel in Lake Oswego
- Commute and cars in Lake Oswego
- Population growth in Lake Oswego
- How long people stay in Lake Oswego
- Crowding and facilities in Lake Oswego
- Oregon landlord and tenant rules
- Housing across Clackamas County
- Oregon places ranked by median household income
- Housing data for every place in Oregon