Lake Oswego is a medium-sized city located in the state of Oregon. With a population of 39,822 people and nine constituent neighborhoods, Lake Oswego is the 13th largest community in Oregon.
Lake Oswego home prices are not only among the most expensive in Oregon, but Lake Oswego real estate also consistently ranks among the most expensive in America.
Lake Oswego is a decidedly white-collar city, with fully 92.89% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Oswego is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Lake Oswego who work in management occupations (20.59%), sales jobs (13.82%), and business and financial occupations (9.35%).
Of important note, Lake Oswego is also a city of artists. Lake Oswego has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Lake Oswego’s character.
Also of interest is that Lake Oswego has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.19% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Lake Oswego is a great place for families with children to consider. First of all, many other families with children live here, making Lake Oswego a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lake Oswego has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lake Oswego’s overall crime rate is lower than average for the country.
If knowledge is power, Lake Oswego is a pretty powerful place. 71.40% of the adults in Lake Oswego have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Lake Oswego in 2018 was $68,452, which is wealthy relative to Oregon and the nation. This equates to an annual income of $273,808 for a family of four.
Lake Oswego is a somewhat ethnically-diverse city. The people who call Lake Oswego home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Oswego residents report their race to be White, followed by Asian. Important ancestries of people in Lake Oswego include German, English, Irish, Italian, and Scottish.
The most common language spoken in Lake Oswego is English. Other important languages spoken here include Spanish and Chinese.