Everything You Should Know Before Moving to Lake Oswego, OR
Considering a move to Lake Oswego, OR? This scenic city of 40,921 residents offers an upscale lifestyle with a median home price of $925,000 and average rent of $2,070. Residents enjoy top-rated schools, low violent crime (52 per 100K), short 24-minute commutes, and a highly educated community—over 75% hold a bachelor’s degree or higher. Expect mild, wet winters, pleasant summers, and easy access to major hospitals and Portland’s urban amenities.
Demographics - Lake Oswego, OR
Demographics - Lake Oswego, OR
Lake Oswego is a thriving city of just over 40,000 residents, characterized by a mature median age of 47.1 and a population density of 3,700 per square mile. The community is predominantly White (83.5%), with notable Asian representation, and nearly 10% of residents speak a language other than English at home, creating a diverse yet close-knit environment.
Population:
40,921
Density:
3,700 per sq mi
Median Age:
47.1
Gender Ratio:
93 males per 100 females
Non-English Speakers Percentage:
9.8%
Ethnic Composition
White:
83.5%
Black:
0.9%
Asian:
8.3%
Others:
7.3%
Cost Of Living
What is the average cost of living in Lake Oswego, OR?
Living in Lake Oswego means experiencing a high cost of living, with a median home value around $925,000 and average rents of $2,070. While utilities and healthcare costs are moderate, housing prices and general expenses are significantly above the national average, making it an upscale choice for those seeking premium amenities.
Median House Value:
$925,000
Gross Rent:
$2,070
Monthly Electricity Charges:
$120
Auto Insurance:
$1,420
House Owner Cost With Mortgage:
$2,950
House Owner Cost Without Mortgage:
$870
State Taxes:
Low:
4.75%
|
High:
9.9%
Cost Of Living Index:
158.2
Grocery:
112.8
Housing:
215.6
Utilities:
89.2
Transportation:
120.3
Health Care:
105.7
Miscellaneous:
109.4
Crime
Is Lake Oswego, OR a safe place to live?
Lake Oswego is a notably safe community, boasting a low violent crime rate of just 52 incidents per 100,000 people and a property crime chance of 1 in 91. Residents can enjoy peace of mind in a secure suburban setting, which is a key draw for families and professionals alike.
Violent Crimes Per 100k:
52
Property Crimes Per 100k:
1,100
Crime Index:
1,152
Chance Of Violent Crime:
1 in 1,900
Chance Of Property Crime:
1 in 91
Weather
What is the weather like in Lake Oswego, OR year-round?
The city enjoys a mild climate with cool, wet winters and pleasant summers, as winter lows average 34°F and summer highs reach about 83°F. With nearly 38 inches of annual rainfall and sunshine on 49% of days, Lake Oswego offers a lush, green environment ideal for outdoor enthusiasts.
Winter
Min:
34°F
Max:
46°F
Spring
Min:
42°F
Max:
65°F
Summer
Min:
57°F
Max:
83°F
Fall
Min:
44°F
Max:
67°F
Average Rainfall Inches:
37.9 inches
Sunny Days Percentage:
49%
Neighbors
Lake Oswego residents benefit from a high median household income of $140,800 and a low poverty rate of 5.3%. The community is highly educated, with over 75% holding a bachelor’s degree or higher, and most people enjoy quick commutes and access to quality public transportation.
Median Income:
$61,000
Household Income:
$140,800
Family Income:
$167,100
Per Capita Income:
$77,700
Income Male:
$92,000
Income Female:
$63,000
Poverty Rate:
5.3%
Non English Speakers:
9.8%
Rent:
$2,070
Unemployment Rate:
2.7%
Public Transport Usage:
3.4%
Commute Time:
23.8 minutes
Education
High School or Higher:
98.3%
Bachelors or More:
75.6%
Education
How are the schools in Lake Oswego, OR?
Lake Oswego is renowned for its top-rated public and private schools, with high graduation rates and student achievement. Families benefit from quality K-12 education, and proximity to higher education institutions in Portland enhances lifelong learning opportunities.
Public Schools
Name:
Lake Oswego High School
Street:
2501 Country Club Rd
Phone:
503-534-2313
Students:
1,250
Student Teacher Ratio:
21.2
Name:
Lakeridge Middle School
Street:
4700 Jean Rd
Phone:
503-534-2343
Students:
800
Student Teacher Ratio:
19.5
Private Schools
Name:
Our Lady of the Lake School
Street:
650 A Ave
Phone:
503-636-2121
Students:
340
Colleges
Name:
Marylhurst University (closed, nearest active: Lewis & Clark College)
City:
Portland
State:
OR
Distance:
7 miles
Students:
3,400
Name:
Portland State University
City:
Portland
State:
OR
Distance:
8 miles
Students:
21,000
Healthcare
Access to quality healthcare is excellent in Lake Oswego, with major hospitals like Legacy Meridian Park and Providence St. Vincent nearby and a high physician-to-resident ratio of 3.4 per 1,000. Nearly 96% of residents have health insurance, ensuring comprehensive medical support for the community.
Major Hospitals
Name:
Legacy Meridian Park Medical Center
Address:
19300 SW 65th Ave, Tualatin, OR 97062
Phone:
(503) 692-1212
Type:
General & Surgical
Emergency Services:
Yes
Name:
Providence St. Vincent Medical Center
Address:
9205 SW Barnes Rd, Portland, OR 97225
Phone:
(503) 216-1234
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.4
Health Insurance Coverage:
95.8%
Health Care Index:
77.2
Housing Market
What is the housing market like in Lake Oswego, OR?
Lake Oswego’s housing market is robust and competitive, with a median home price of $925,000 and a high owner-occupancy rate of nearly 72%. The area has seen modest home appreciation and offers stable rental options, making it appealing for both buyers and renters seeking long-term value.
Median Home Price:
$925,000
Average Rent For 2 Bedroom:
$2,070
Owner Occupied Rate:
71.9%
Rental Vacancy Rate:
6.0%
Home Appreciation Rate (1yr):
3.4%
New Construction Rate:
1.2%
Foreclosure Rate:
0.3%
DMV Information
Residents can access Oregon’s DMV services through the main office in Salem or conveniently online, streamlining vehicle registration and licensing tasks. The state’s DMV provides comprehensive resources and support for new and current drivers.
State:
Oregon
Department:
Oregon Driver and Motor Vehicle Services
Address:
1905 Lana Ave NE, Salem, OR 97314
Phone:
503-945-5000
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.