Lakewood, Lake Oswego, OR demographics:
population, income, and more

Total population
453
0.9% year-over-year change
Median household income
$149,236/yr
1.1% year-over-year change
Housing units
195
1.6% year-over-year change

Lakewood population

How many people live in Lakewood

Lakewood is home to 453 residents, according to the most recent Census data. Gender-wise, 51.7% of Lakewood locals are male, and 48.3% are female.

Total population
453
0.9% year-over-year change
Gender ratio
Male
51.7%
234
Female
48.3%
219
Value Percent YoY change
Male 234 51.7% 1.7%
Female 219 48.3% 0.0%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Lakewood is 49, with the population distributed as follows: about 18.1% are children under 15, then 7.5% are in the 15 to 24 age group. Adults between 25 and 44 make up 19.4% of the population, while another 29.4% fall into the 45 to 64 bracket. Finally, around 25.6% are 65 or older.

Median age
48.6
Age breakdown
Under 15
18.1%
15 to 24
7.5%
25 to 44
19.4%
45 to 64
29.4%
Over 65
25.6%
Value Percent YoY change
Under 15 82 18.1% 5.1%
15 to 24 34 7.5% -10.5%
25 to 44 88 19.4% 10.0%
45 to 64 133 29.4% -4.3%
Over 65 116 25.6% 2.6%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Lakewood, 90.1% of the population are US-born citizens, while 7.5% have gained naturalized citizenship. At the same time, 2.4% of residents are non-citizens. As for race, 79.7% of locals are Caucasian, 0.2% are African American and 7.3% have Asian roots. Another 0.2% are Indigenous American, 0.2% are Pacific Islanders, while 1.1% identify as another race. There’s also a share of 11.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
90.1%
Non-U.S.-born citizens
7.5%
Non-citizens
2.4%
Value Percent YoY change
U.S.-born citizens 409 90.1% 1.0%
Non-U.S.-born citizens 34 7.5% 3.0%
Non-citizens 11 2.4% 0.0%
Racial breakdown
White
79.7%
Black or African American
0.2%
American Indian and Alaska Native
0.2%
Asian
7.3%
Native Hawaiian and other Pacific Islander
0.2%
Two or more races
11.3%
Other
1.1%
Value Percent
White 361 79.7%
Black or African American 1 0.2%
American Indian and Alaska Native 1 0.2%
Asian 33 7.3%
Native Hawaiian and other Pacific Islander 1 0.2%
Two or more races 51 11.3%
Other 5 1.1%

Households in Lakewood

A peek inside Lakewood households

Lakewood has 183 households, with an average of 2 members in each. Of these, 70.5% are families, while the remaining 29.5% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
183
1.1% year-over-year change
Average people per household
2
Non-family households
54
Family households
129
Value Percent YoY change
Non-family households 54 29.5% 3.9%
Family households 129 70.5% 0.8%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Lakewood

The housing landscape of Lakewood

Lakewood's housing consists of 195 units, with 71.1% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.6% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.5% of the housing landscape.

Housing units
195
1.6% year-over-year change
Housing types
Value Percent
1 unit, detached 138 71.1%
1 unit, attached 7 3.6%
2 units 1 0.5%
3 or 4 units 6 3.1%
5 to 9 units 10 5.2%
10 to 19 units 5 2.6%
20 to 49 units 12 6.2%
50 or more units 14 7.2%
Mobile home 1 0.5%
Homes built since 2020
2
100.0% year-over-year change

The age of buildings in Lakewood

In Lakewood, the median construction year is 1977. About 5.1% of homes were built before the 1940s, with another 5.1% going up by 1949. Most development happened in the second half of the 20th century. Then, 12.8% of homes were added from 2000 to 2009, 9.2% between 2010 and 2019, and 1% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 10 5.1% 11.1%
Built between 1940 and 1949 10 5.1% 11.1%
Built between 1950 and 1959 21 10.8% 10.5%
Built between 1960 and 1969 31 15.9% -6.1%
Built between 1970 and 1979 39 20% 8.3%
Built between 1980 and 1989 25 12.8% 0.0%
Built between 1990 and 1999 14 7.2% -12.5%
Built between 2000 and 2009 25 12.8% 4.2%
Built between 2010 and 2019 18 9.2% 5.9%
Built in 2020 or later 2 1% 100.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Lakewood occupancy rates

Out of the 183 occupied housing units in Lakewood, 74.3% are owner-occupied, while 26.2% are lived in by tenants. Meanwhile, 6.2% of all homes on the local market sit vacant.

Occupied housing units
183
1.1% year-over-year change
Occupancy breakdown
Renter occupied
48
Owner occupied
136
Value Percent YoY
change
Renter occupied 48 26.2% 11.6%
Owner occupied 136 74.3% -1.4%
Unoccupied housing units
6.2%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Lakewood housing costs

Housing costs in Lakewood come to a median of $2,561 per month, while tenants specifically pay a median gross rent of $2,241.

Median housing costs per month
$2,561/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Lakewood
$2,241/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Lakewood

Lakewood education at a glance

About 7.7% of the population in Lakewood went to high school, while 14.2% pursued college studies. Another 6% earned an associate degree and 41.6% hold a bachelor’s. Meanwhile, 30.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 1 0.3% 0.0%
High school diploma 27 7.7% 8.0%
College diploma 50 14.2% -5.7%
Associate degree 21 6% 10.5%
Bachelor's degree 146 41.6% 1.4%
Graduate degree 106 30.2% 0.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Lakewood

How much people earn in Lakewood

The average annual household income in Lakewood was $247,418 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +4.5% change from the previous year. At the same time, the median income stood at $149,236, reflecting a +1% shift over the same period.

Average household income in Lakewood
$247,418/year
4.5% year-over-year change
Median household income in Lakewood
$149,236/year
1.1% year-over-year change

Lakewood income by age

In Lakewood, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $182,713. Those with someone between 45 and 64 in charge, often well established professionally, earn $210,553 overall. Overall, 96.9% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $182,713 3.0%
45 - 64 $210,553 2.1%
Over 65 $116,484 2.2%
Above poverty level
434
Below poverty level
14
Value Percent YoY
change
Above poverty level 434 96.9% 0.2%
Below poverty level 14 3.1% 16.7%

Employment in Lakewood

Workforce and job types in Lakewood

92.7% of the working population are employed in professional or administrative positions, while 7.3% are in hands-on or service-based jobs. Also, 21.8% run their own businesses, 58.7% are employed by private companies, and 11.2% work in the public sector.

Workforce demographics

White collar
191
Blue collar
15
Value Percent YoY change
White collar 191 92.7% 1.6%
Blue collar 15 7.3% 7.1%
Employer type
Self employees
21.8%
Private companies
58.7%
Governmental workers
11.2%
Not for profit companies
8.2%
Value Percent YoY change
Self employees 45 21.8% 0.0%
Private companies 121 58.7% 0.8%
Governmental workers 23 11.2% 0.0%
Not for profit companies 17 8.2% 13.3%

Transportation in Lakewood

How people get around in Lakewood

Commuting methods vary: 96.3% of residents travel by personal vehicle and 1.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 129 96.3% -1.5%
Bus or trolleybus 2 1.5% -33.3%
Motorcycle 1 0.8% 0.0%
Walk 2 1.5% 100.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Lakewood by zipcode?

Zipcode Population Number of households Median income Average income
97034 21,331 8,634 $149,236 $247,418

Explore more communities

FAQs about Lakewood demographics 

What is the total population of Lakewood?

Lakewood has a total population of 453 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.9% compared to a year ago.

What is the gender ratio in Lakewood?

The gender ratio in Lakewood is as follows:
  • 51.7% males (234 residents)
  • 48.3% females (219 residents)

What is the median age in Lakewood?

The median age in Lakewood is 48.6.

What is the age distribution of the population in Lakewood?

The age distribution in Lakewood is as follows:
  • Under 15: 18.1% (82 residents)
  • Ages 15-24: 7.5% (34 residents)
  • Ages 25-44: 19.4% (88 residents)
  • Ages 45-64: 29.4% (133 residents)
  • Over 65: 25.6% (116 residents)

What is the racial and ethnic makeup of Lakewood?

The racial and ethnic makeup of Lakewood is as follows:
  • White: 79.7% (361 residents)
  • Black or African American: 0.2% (1 residents)
  • American Indian and Alaska Native: 0.2% (1 residents)
  • Asian: 7.3% (33 residents)
  • Native Hawaiian and Other Pacific Islander: 0.2% (1 residents)
  • Two or More Races: 11.3% (51 residents)
  • Other: 1.1% (5 residents)

What percentage of the population in Lakewood are U.S.-born citizens?

U.S.-born citizens represent 90.1% of the population in Lakewood.

How many housing units are there in Lakewood?

There are 195 housing units in Lakewood, reflecting a +1.6% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Lakewood and what is the average household size?

Lakewood has a total of 183 households, with an average of 2 people in each.

What is the median household income in Lakewood?

Lakewood has a median household income of $149,236, representing a +1.1% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Lakewood?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 92.7% (191 residents)
  • Blue-collar workers: 7.3% (15 residents)

Places of employment:
  • Self-employed: 21.8% (45 residents)
  • Private companies: 58.7% (121 residents)
  • Governmental workers: 11.2% (23 residents)
  • Not-for-profit companies: 8.2% (17 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025