Lake Oswego, OR Economy


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Lake Oswego, OR is a vibrant city located in the Portland metropolitan area. It is known as one of the most desirable places to live in Oregon due to its beautiful greenery, excellent school systems, and thriving local businesses. The 2 bedroom rent in Lake Oswego is $2,360 which is much higher than the US average of $1,430. Additionally, grocery cost index in Lake Oswego is 108 versus 100 in the US. \nLake Oswego has lots to offer business owners and residents alike; some popular attractions include the Oswego Heritage House Museum, North Shore Beach Park, and the Willamette River Trail. Besides these cultural attractions, there are plenty of companies that call Lake Oswego home such as Nike Inc., Kruseway Commons Shopping Centre, and Lattice Semiconductor. Whether it's entertainment or employment you're after- Lake Oswego has something for everyone!

Lake Oswego has an unemployment rate of 4.5%. The US average is 6.0%.

Lake Oswego has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 42.6%, which is higher than the US average of 33.5%.

Tax Rates for Lake Oswego
- The Sales Tax Rate for Lake Oswego is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Oswego is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lake Oswego
- The average income of a Lake Oswego resident is $57,359 a year. The US average is $28,555 a year.
- The Median household income of a Lake Oswego resident is $120,585 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLake Oswego, OregonUnited States
  4.56
  -4.7%-6.2%
  42.6%33.5%
  0.0%6.2%
  9.0%4.6%
  $72,859$37,638
  $120,585$69,021
  $155,406$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  3.8%6.8%
  8.6%10.0%
  3.7%2.5%
  8.4%11.0%
  2.5%4.8%
  0.6%0.8%
  2.7%1.9%
  7.1%4.7%
  4.0%1.9%
  15.7%7.6%
  0.8%0.1%
  1.3%4.2%
  8.0%9.3%
  16.4%14.0%
  2.2%2.1%
  3.3%7.0%
  6.9%4.8%
  3.9%4.7%
Reviews for Lake Oswego
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I have lived occasionally in Lake Oswego with my sister who married a LO man and found it very sweet. He was raised there by hard-working parents who had fantastic work  More

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Over 5 years ago

Retired in Lake Oswego to be close to family and Live in a beautiful little city. We call it Paradise. We’ve had part-time property in Oregon for 20 years and we have  More

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Ive lived here 22 years and it has gone from a charming small town to a congested pass thru neighborhood. People are rude, traffic a nightmare and we hate it here but  More

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