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Population Review

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

Lake Oswego covers 10.9 sq mi of land at 3713 people per square mile.

About Lake Oswego, OR

Lake Oswego is a city in Oregon with a population of 40,367. It ranks #14 among cities in Oregon by population. The median age is 46.5, older than the national median. The population is 50.8% male and 49.2% female.

The median household income in Lake Oswego is $140,441, above the US median of $74,580. 1.7% of residents live below the federal poverty level. Home values sit at a median of $894,000, with monthly rent averaging $2,031. The homeownership rate of 70.8% is higher than the national rate of 64.8%.

Educational attainment in Lake Oswego reflects 75.1% of adults 25 and older holding a bachelor's degree or higher, above the national average of 34.3%. Roughly 29.8% of workers primarily work from home, noticeably above the national work-from-home rate of 14.2%. The average commute is 22.2 minutes each way.

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%.

2020 · 41K20102024

40,029

Population (2024)

36,813

Population (2010)

40,889

Peak (2020)

0.60%

Avg Annual Growth

YearPopulation
201036,813
201137,049
201237,284
201337,475
201437,842
201538,282
201638,699
201739,280
201839,524
201939,822
202040,889
202140,629
202240,226
202340,117
202440,029

Race & Ethnicity

White79.0%
Black or African American1.1%
Asian0.0%
Hispanic or Latino (any race)1.7%
Two or More Races0.1%

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 & Management26.3%
Finance, Insurance & Real Estate18.0%
Information10.4%
Manufacturing9.7%
Education, Health Care & Social Services5.9%
Arts, Entertainment & Food Services5.3%
Construction4.1%
Retail Trade3.0%
Transportation & Warehousing2.7%
Public Administration2.7%

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).

Data from the American Community Survey (ACS) 5-Year estimates.

Source: U.S. Census Bureau ACS, 2026.