Located 8 miles to the south of Portland, the town of Lake Oswego was founded in 1847. According to the 2010 census, Lake Oswego has a land area of 10.68 miles. In 2018, the population was estimated to be 39,532 residents. The city is comprised of 21 neighbourhoods.

The median home price in Lake Oswego is $641,9000, a 1.9% decline from the previous year. Homes for sale are listed on Zillow.com an average of 62 days.

The Lake Oswego School District is comprised of 6 elementary schools, 2 junior high/middle schools, 2 high schools, and 1 specialised academy.

Lake Oswego celebrates many community events, including the Oswego Farmers Market, which runs May – October, summer movies in the park, and a Christmas Tree Lighting Festival. Additionally, a project that began in 1992 when the City of Lake Oswego began building walking paths around the city has yielded almost 24 miles of pathways to date.