97034 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Clackamas County
Centroid: Latitude 45.41, Longitude -122.689
Time Zone: Pacific Time Zone (UTC -8 hours)
Observes DST: Yes

ZIP Code 97034 has segments in 2 Counties (Clackamas, Multnomah).

Businesses Addresses: 705
PO Box Addresses: 411
Residential Addresses: 8,825

Multi-Family Addresses: 1,060
Single Family Addresses: 7,765

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2022, Maps updated: February 4, 2022.

Lake Oswego, OR 97034 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	20,599 (100%)
Population in Households	20,500 (99.5%)
Population in Families	16,965 (82.4%)
Population in Group Quarters¹	99 ( 0.5%)
Population Density	2,515
Diversity Index²	26


INCOME
Median Household Income	$129,744
Average Household Income	$179,539
% of Income for Mortgage⁴	23%
Per Capita Income	$75,254
Wealth Index⁵	269

HOUSING
Total HU (Housing Units)	9,215 (100%)
Owner Occupied HU	6,648 (72.1%)
Renter Occupied HU	1,985 (21.5%)
Vacant Housing Units	582 ( 6.3%)
Median Home Value	$699,672
Average Home Value	$837,052
Housing Affordability Index³	107

HOUSEHOLDS
Total Households	8,633
Average Household Size	2.37
Family Households	5,858
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Lake Oswego, OR 97034 - Peer Comparisons by Rank and Percentile

The table below compares 97034 to the other 422 ZIP Codes in Oregon by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2021	2021-2026
Population	0.71%	0.75%
Households	0.78%	0.8%
Families	0.55%	0.67%
Median Household Income		2.73%
Per Capita Income		1.98%
Owner Occupied HU		0.88%

Variable Description	Rank	Percentile
Total Population	# 84	80th
Population Density	# 52	88th
Median Household Income	# 2	100th
Housing Affordability Index	# 224	53rd
Per Capita Income	# 3	100th
Diversity Index	# 282	34th

97034 ZIP Code Profile, Map, Data & Demographics

ZIP Code 97034: Basic Data & USPS Preferred City Name

Lake Oswego, OR 97034 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lake Oswego, OR 97034 - Peer Comparisons by Rank and Percentile

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