Lake Oswego city, OR
ZIP 97034 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Upper Middle ClassLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Lake Oswego city, OR (97034)
Median Income
$147,688
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,072
Wealth inflow
Population
21,119
Unemployment
6.0%
2.3pp above US avg
IRS migration statistics show a net inflow of about 1,072 for ZIP 97034 (Lake Oswego city, OR) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 97034 (2020–Present)
Since 2020, population grew 5.0%, median income fell 3.1% (inflation-adjusted), home values increased 13.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $147,688 |
| Unemployment | 6.0% |
| Establishments | 742 |
| Employees | 5,041 |