Lake Oswego, Oregon Income Statistics
Lake Oswego Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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A+
Lake Oswego Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lake Oswego | Oregon Avg | US Average |
|---|---|---|---|
| Median Household Income | $140,915 | $83,617 | $80,455 |
| Median Personal Income | $110,191 | $63,212 | $60,758 |
| Average Yearly Income Growth | 5.5% | 5.7% | 4.8% |
| Six-Figure Earners | 33.7% | 14.2% | 13.9% |
| $200k+ Households | 33.4% | 12.7% | 13.2% |
The median household income in Lake Oswego is about 69% higher than in Oregon. Income has been growing slower in Lake Oswego (5.5%/yr) than in Oregon (5.7%/yr).
About 34% of adults in Lake Oswego earn six figures ($100,000 or more) a year, higher than the Oregon average of 14%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Lake Oswego, Oregon grew by 78.3% from 2009 to 2024, reaching $140,915 in 2024. That's an average of about 5.5% per year.
Income Inequality and the Gender Pay Gap in Lake Oswego
| Metric | Lake Oswego | Oregon Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.498 | 0.538 | 0.552 |
| Male Median Income | $124,722 | $71,900 | $69,667 |
| Female Median Income | $92,915 | $60,417 | $56,850 |
| Gender Pay Gap | 25.5% | 16.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Lake Oswego, it is 0.498, lower than Oregon's 0.538, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 34% more than women's income in Lake Oswego, Oregon. Over a 35-year career, a 34% wage gap accumulates to roughly $1,113,245 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lake Oswego, Oregon has narrowed from about 38% to 26% in 2024. Over that period the gap was widest at 42% in 2014, and was narrowest at 25% in 2023. In dollar terms, the gap has narrowed by $470 since 2009.
Employment
| Metric | Lake Oswego | Oregon Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.4% | 5.3% | 5.2% |
| Working from Home | 32.4% | 19.0% | 15.0% |
| Commute time (minutes) | 21 | 20 | 22 |
Approximately 840 people are unemployed in Lake Oswego, Oregon.
The average commute time in Lake Oswego is 21 minutes, longer than the 20 minutes in Oregon.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lake Oswego, Oregon has fallen from 7.5% to 4.4% in 2024. Over that period the rate peaked at 9.6% in 2013 and fell as low as 3.4% in 2018.
Conclusion
Considering all these factors, Lake Oswego, Oregon has an overall wealth index grade of A+, making it far better than Oregon, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lake Oswego, Oregon.
How Rich Is Lake Oswego, Oregon?
Lake Oswego has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $140,915, about 69% higher than the Oregon average of $83,617.
How has median household income changed in Lake Oswego, Oregon?
Between 2009 and 2024, the median household income in Lake Oswego, Oregon rose 78%, from $79,032 to $140,915. Over the same years, income here outpaced Oregon as a whole: +78% against +71%.
What was the median household income in Lake Oswego in 2023?
In 2023, the median household income in Lake Oswego, Oregon was $138,736, up 9% from $127,586 in 2022. The Oregon median that year was $80,917.
What was the median household income in Lake Oswego in 2020?
In 2020, the median household income in Lake Oswego, Oregon was $115,804. By 2024 it had risen 22% to $140,915.
Is Lake Oswego, Oregon a high-income area?
Yes. 34% of adults in Lake Oswego, Oregon earn $100,000 or more a year (about 1 in 3), against 14% (about 1 in 7) in Oregon. 33% of households have a combined income of $200,000 or more, compared with 13% in Oregon.
What is the Gini coefficient in Lake Oswego, Oregon?
The Gini coefficient in Lake Oswego is 0.498. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Lake Oswego, Oregon?
Since 2009, the income gap between men and women in Lake Oswego, Oregon has narrowed from about 38% to 26% in 2024. Over that period the gap was widest at 42% in 2014, and was narrowest at 25% in 2023. In dollar terms, the gap has narrowed by $470 since 2009.
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