Lake Oswego, OR · standard
ZIP Code 97035
Clackamas County, Oregon — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 23,912
- 1,532/sq mi
- $130,603
- Median income
- $837,100
- Median home value
- 73.0%
- Bachelor's or higher
The verdict
Lake Oswego pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.
- Top 7%
- household income, US ZIPs
- Top 4%
- home value, US ZIPs
- 1,532
- people per sq mi
- 63%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 97035 against every reporting US ZIP.
ZIP code 97035 is classified by USPS as a standard delivery area and covers roughly 15.6 square miles in Lake Oswego, Clackamas County, Oregon. The area is home to 23,912 residents, producing a population density of 1,532 people per square mile, and falls within the Los Angeles time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 97035 against Oregon and the nation.
On the economic side, the median household income for ZIP 97035 sits at $130,603 (68% above the Oregon average), while per-capita income is $77,297. The poverty rate stands at 4.0% and the unemployment rate at 3.6%. On housing, the median home value is $837,100 (93% above the state average) with median rent at $1,979 per month, and 63.0% of occupied units are owner-occupied, a direct signal of whether 97035 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 73.0% of adults hold a bachelor's degree or higher, the median age is 44.6, and the average commute is 21 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Clackamas County, so you can benchmark 97035 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 97035
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 97035.
- Professional, scientific, and technical services
Professional, scientific, and technical services
303 establishments
- Finance and insurance
Finance and insurance
247 establishments
- Health care and social assistance
Health care and social assistance
220 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
130 establishments
- Other services (except public administration) 103
Other services (except public administration)
103 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 97035, Lake Oswego, OR · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
23,912
Population
15.6
Area (sq mi)
1,532
People / sq mi
Los Angeles
Time Zone
standard
ZIP Type
Who lives in ZIP 97035?
44.6
Median Age
49.4%
Male
50.6%
Female
16.3%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$130,603
Median Household Income
+68% vs state
$77,297
Per Capita Income
4.0%
Poverty Rate
3.6%
Unemployment Rate
20.8 min
Mean Commute Time
How ZIP 97035 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$130,603 Top 7% higher than 93% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
12,028
Total Housing Units
11,106
Occupied Units
922
Vacant Units
2.32
Avg Household Size
Occupancy Type
$837,100
Median Home Value
+93% vs state
$1,979
Median Rent
1982
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
-0.7%
YoY Change (2024)
314
HPI Index (2000 = 100)
+214%
Total Change Since 2000
Home values in ZIP 97035 have decreased 0.7% over the past year (2024). Since 2000, this ZIP has seen +214% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.1% | 232 |
| 2021 | +11.3% | 258 |
| 2022 | +16.3% | 300 |
| 2023 | +5.5% | 316 |
| 2024 | -0.7% | 314 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 1,528 business establishments in ZIP 97035, employing approximately 20,656 people with a combined annual payroll of $2,049,169,000.
1,528
Businesses
20,656
Employees
$2.0B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 303 | 19.8% |
| Finance and insurance | 247 | 16.2% |
| Health care and social assistance | 220 | 14.4% |
| Real estate and rental and leasing | 130 | 8.5% |
| Other services (except public administration) | 103 | 6.7% |
| Construction | 98 | 6.4% |
| Wholesale trade | 93 | 6.1% |
| Accommodation and food services | 83 | 5.4% |
| Retail trade | 75 | 4.9% |
| Administrative and support and waste management and remediation services | 69 | 4.5% |
| Information | 24 | 1.6% |
| Arts, entertainment, and recreation | 23 | 1.5% |
| Manufacturing | 21 | 1.4% |
| Management of companies and enterprises | 13 | 0.8% |
| Educational services | 13 | 0.8% |
| Transportation and warehousing | 10 | 0.7% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 97035 vs 97034 →
ZIP 97035 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 97223
Portland (97223)
46,699 residents
- 97219
Portland (97219)
38,709 residents
- 97224
Portland (97224)
31,122 residents
- 97267
Portland (97267)
30,839 residents
- 97008
Beaverton (97008)
28,969 residents
- 97068
West Linn (97068)
28,305 residents
- 97062
Tualatin (97062)
27,434 residents
- 97035
Lake Oswego (97035)
23,912 residents
- 97034
Lake Oswego (97034)
18,905 residents
What this shows Among its immediate neighbors, ZIP 97035 ranks #8 by population — useful context the national average alone can't give.
ZIP 97035 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 97068
West Linn (97068)
$151,729 median income
- 97034
Lake Oswego (97034)
$149,236 median income
- 97221
Portland (97221)
$145,671 median income
- 97035
Lake Oswego (97035)
$130,603 median income
- 97219
Portland (97219)
$121,306 median income
- 97239
Portland (97239)
$110,134 median income
- 97223
Portland (97223)
$106,757 median income
- 97062
Tualatin (97062)
$105,407 median income
- 97224
Portland (97224)
$98,125 median income
What this shows By household income, ZIP 97035 ranks #4 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 97034 | Lake Oswego, OR | 18,905 | 2.0 mi |
| 97219 | Portland, OR | 38,709 | 3.1 mi |
| 97224 | Portland, OR | 31,122 | 3.4 mi |
| 97062 | Tualatin, OR | 27,434 | 3.6 mi |
| 97223 | Portland, OR | 46,699 | 3.2 mi |
| 97221 | Portland, OR | 11,630 | 5.9 mi |
| 97239 | Portland, OR | 14,150 | 5.5 mi |
| 97267 | Portland, OR | 30,839 | 5.4 mi |
| 97068 | West Linn, OR | 28,305 | 5.0 mi |
| 97008 | Beaverton, OR | 28,969 | 5.0 mi |
More ZIP Codes in Clackamas County
Related Areas
Frequently Asked Questions
What county is ZIP code 97035 in? ▼
What is the population of ZIP code 97035? ▼
What is the median household income in ZIP 97035? ▼
What is the average home value in ZIP 97035? ▼
What is the demographic makeup of ZIP 97035? ▼
How many businesses are in ZIP code 97035? ▼
What are the main industries in ZIP code 97035? ▼
How have home values changed in ZIP code 97035? ▼
What is the education level in ZIP code 97035? ▼
What is the average commute time in ZIP 97035? ▼
What percentage of residents own vs. rent in ZIP 97035? ▼
What is the poverty rate in ZIP code 97035? ▼
ZIP Code Research Guides
Official Data Resources for Lake Oswego, OR
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.