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Demographics
Population
Median Income
Racial Distributions
Westlake, a neighborhood in Lake Oswego, Oregon, exhibits a "Low Diversity" demographic profile, with a white majority of 74% as of 2022. The area has a high median income of $110,733 in 2022, indicating an affluent community. Westlake is located near Oswego Lake, offering residents scenic views and recreational opportunities.
Over the past decade, Westlake has maintained its status as a "Low Diversity" community. The white population has remained dominant, decreasing slightly from 80% in 2015 to 74% in 2022. This minor shift suggests a gradual trend towards increased diversity. The Asian population has remained the second-largest racial group, fluctuating between 12% and 18% over the years. Residents identifying as two or more races increased from 1% in 2013 to 5% in 2022, indicating a growing multiracial presence.
The median income in Westlake has shown an overall upward trend, increasing from $98,106 in 2013 to $110,733 in 2022, with fluctuations in between. The highest median income was recorded in 2021 at $123,698. The population has remained relatively stable, fluctuating between 3,200 and 3,500 residents over the decade. This stability, combined with the high and increasing median income, suggests that Westlake has maintained its status as a desirable, wealthy neighborhood throughout the period.
Westlake's demographic profile and economic status are consistent with broader trends in affluent suburbs across the United States. Many such areas are experiencing slow but steady increases in diversity, particularly among Asian and multiracial populations. However, Westlake's changes appear to be occurring at a slower rate than national averages, which have shown more rapid diversification in suburban areas over the past decade.
The neighborhood's high median income and slow pace of diversification suggest it may face challenges in terms of affordability and inclusivity. As the Portland metropolitan area continues to grow and diversify, Westlake may experience increased pressure to become more accessible to a broader range of residents.
In conclusion, Westlake remains a predominantly white, affluent neighborhood. Subtle shifts in its demographic makeup hint at the potential for greater diversity in the future. The correlation between increasing diversity and rising median income suggests that any changes are likely to maintain the area's economic status while slowly broadening its cultural landscape.