Living in Lake Oswego
With some of the most expensive real estate in the state of Oregon, Lake Oswego is located about 8 miles south of Portland and is centered around Oswego Lake. The lake is large enough at 431 acres to be classified as a reservoir and is lined by some of the most exclusive real estate in the Metro area. The city includes a thriving downtown area full of shops, restaurants and more. Additionally, much of the city is shaded by towering evergreens that are synonymous with the beauty of the Pacific Northwest.
Lake Oswego Stats
The largest local employer is the Lake Oswego School District, followed by Micro Systems Engineering, then the City of Lake Oswego. Due to its prime location nestled between I-205, I-5 and Highway 43, Lake Oswego residents have great access to commute elsewhere around the Portland metro area.
With just over 40,000 residents, the average household income is over $160,000. Over 40% of the population has a bachelor’s degree, while 30% has obtained a graduate degree. The average age of residents is just under 47. The median list price on homes is over $1,000,000, and 73.6% of residents own their homes. Conversely, the median rent costs in Lake Oswego are $1,614.
Lake Oswego OR Resources
Lake Oswego OR Schools
Lake Oswego is served by the Lake Oswego School District. The district includes two high schools, two middle schools, and seven elementary schools. The newest elementary school is the Palisades World Language School, which opened for the first time for the 2021-2022 school year. This school is the home for students studying in the Spanish Immersion Program within the district. The Lake Oswego School District is also home to Harmony Academy, the state’s first high school dedicated to helping students recovering from substance abuse.
The city of Lake Oswego also includes several private school options. Our Lady of the Lake Catholic School, ranges from pre-K through 8th grade and is in the downtown core of Lake O. The Park Academy instructs students in grade levels 3rd-12th, who do not thrive in a traditional academic setting. Christa McAuliffe Academy School of Arts and Sciences serves K-12th grade students through an online education format. St. Stephen’s Academy teaches a Classical Christian approach to grade levels Pre-K through 12th.
Things to do in Lake Oswego OR
Choose between 30 parks within the city limits of Lake Oswego.
The city expects to begin construction on a new Recreation and Aquatics Center in Spring of 2022.
Homes for Sale in Lake Oswego OR
Thinking about buying or selling a home in Lake Oswego OR? Start by calling Erica Parsons with Ambiance Realty Group at Keller Williams Realty Portland Elite. (503)706-8638