Lake Oswego is a medium-sized city located in the state of Oregon. With a population of 40,108 people and 13 associated 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 92.20% 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 (22.05%), healthcare (12.59%), and business and financial occupations (10.32%). 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: 24.53% 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. If knowledge is power, Lake Oswego is a pretty powerful place. 72.98% 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 2022 was $82,157, which is wealthy relative to Oregon and the nation. This equates to an annual income of $328,628 for a family of four. Lake Oswego is a very 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, European, and Italian. The most common language spoken in Lake Oswego is English. Other important languages spoken here include Chinese and Spanish.
