Lake Oswego, Oregon Population 2026
Updated April 2026 · US Census ACS 2023 5-Year Estimates
The population of Lake Oswego, Oregon is 40,367 as of the 2023 American Community Survey, making it the 14th-largest city in Oregon. The median household income is $140,441, the median home value is $894,000, and the median age is 46.5.
The population has grown 8.7% since 2010 (36,813 → 40,029).
40,367
Population
3713
People / sq mi
$140,441
Median Income
$894,000
Median Home Value
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Lake Oswego covers 10.9 sq mi of land at 3713 people per square mile.
About Lake Oswego, OR
Educational attainment is the headline number in Lake Oswego: 75.1% of adults 25 and older have a four-year degree. Lake Oswego is a city in Oregon with a population of 40,367. It ranks #14 among cities in Oregon by population.
Income is a real outlier — the median household pulls in $140,441, putting Lake Oswego near the top of US cities. Hardship is rare relative to US cities: a poverty rate of just 1.7%, below the national 12.4%. Housing is expensive: the median home is worth $894,000, with typical rent around $2,031.
Degree attainment is near the top of the range for US cities: 75.1% of adults 25+ hold a bachelor’s, above the 35.0% national rate. Working from home is common here: 29.8% of workers do so, above the national 14.0%, and the average commute runs about 22 minutes each way.
The education numbers are the throughline: a college-heavy population in Lake Oswego usually coincides with higher incomes and a workforce concentrated in professional and information industries.
Lake Oswego city Population History (2010-2024)
The city of Lake Oswego city had a population of 36,813 in 2010 and 40,029 in 2024, a 8.7% growth over 14 years. The peak was 40,889 in 2020. Average annual growth rate: 0.60%.
40,029
Population (2024)
36,813
Population (2010)
40,889
Peak (2020)
0.60%
Avg Annual Growth
| Year | Population |
|---|---|
| 2010 | 36,813 |
| 2011 | 37,049 |
| 2012 | 37,284 |
| 2013 | 37,475 |
| 2014 | 37,842 |
| 2015 | 38,282 |
| 2016 | 38,699 |
| 2017 | 39,280 |
| 2018 | 39,524 |
| 2019 | 39,822 |
| 2020 | 40,889 |
| 2021 | 40,629 |
| 2022 | 40,226 |
| 2023 | 40,117 |
| 2024 | 40,029 |
Race & Ethnicity
| White | 79.0% |
| Black or African American | 1.1% |
| Asian | 0.0% |
| Hispanic or Latino (any race) | 1.7% |
| Two or More Races | 0.1% |
Economy & Income
$140,441
Median Household Income
$87,160
Per Capita Income
1.7%
Poverty Rate
2.7%
Unemployment Rate
Housing
$894,000
Median Home Value
$2,031
Median Rent
70.8%
Owner-Occupied
Education
99.0%
High School+
75.1%
Bachelor's+
Commute
1.2%
Drive Alone
61.9%
Public Transit
29.8%
Work From Home
22.2 min
Avg Commute
Community Profile
51.1%
Foreign Born
87.1%
Non-English at Home
5.6%
Veterans
8.7%
With Disability
97.7%
Health Insurance
98.2%
Internet Access
Employment by Industry
| Professional, Scientific & Management | 26.3% |
| Finance, Insurance & Real Estate | 18.0% |
| Information | 10.4% |
| Manufacturing | 9.7% |
| Education, Health Care & Social Services | 5.9% |
| Arts, Entertainment & Food Services | 5.3% |
| Construction | 4.1% |
| Retail Trade | 3.0% |
| Transportation & Warehousing | 2.7% |
| Public Administration | 2.7% |
Largest cities in Oregon
Largest counties in Oregon
Part of Oregon
Metro areas in Oregon
City rankings
Frequently Asked Questions
Lake Oswego, Oregon has a population of 40,367 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 14th-largest city in Oregon.
The median household income in Lake Oswego, Oregon is $140,441, with 1.7% of residents living below the federal poverty level.
The median home value in Lake Oswego, Oregon is $894,000, with median monthly rent at $2,031 and a homeownership rate of 70.8%.
The median age in Lake Oswego, Oregon is 46.5 years. The population is 50.8% male and 49.2% female.
The population has grown 8.7% since 2010 (36,813 → 40,029).
Where to stay in Lake Oswego
Visiting or relocating to Lake Oswego, OR? Compare hotels and short-term rentals across the metro — live availability and prices.
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Data from the American Community Survey (ACS) 5-Year estimates.
Source: U.S. Census Bureau ACS, 2026.