ZIP 97035 — 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 (97035)

Median Income

$126,866

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,313

Wealth inflow

Population

25,875

Unemployment

4.7%

1.0pp above US avg

IRS migration statistics show a net inflow of about 1,313 for ZIP 97035 (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.

Economic Indicators

Unemployment

4.7%+26% vs US avg

Self-Employed

3.4%-45% vs US avg

SNAP Benefits

2.7%-77% vs US avg

1,528

Establishments

20,656

Employees

~14 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.1%
Construction3.6%
Manufacturing11.3%
Wholesale trade3.2%
Retail trade8.2%
Transportation, utilities3.0%
Information3.5%
Finance, insurance, real estate9.3%
Professional, scientific, management15.7%
Education, health care, social27.1%
Arts, entertainment, food services5.5%
Other services5.7%
Public administration3.9%

Household Income

Historical Trends in 97035 (2020–Present)

Since 2020, population declined 3.2%, median income rose 4.3% (inflation-adjusted), home values increased 19.5%.

Median Income

$126,866

+69% vs US avg

Unemployment Rate