Wallowa Lake, OR
Population 116 · Oregon
About Wallowa Lake, OR
Wallowa Lake is a small community located in Oregon with a population of 116 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,321 per year, which is 12% above the national median of $75,149. The median age of 55.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Wallowa Lake features a median home value of $287,900, which is 18% above the national median of $244,900. This positions Wallowa Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 328 total housing units, 62% are owner-occupied (53 units) and 38% are renter-occupied (32 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Wallowa Lake shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wallowa Lake have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
65.5% of Wallowa Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Wallowa Lake Ranks in Oregon
Cost of Living in Wallowa Lake, OR
Compared to national averages, Wallowa Lake has a median household income of $84,321 (12% above the national median of $75,149). Home values average $287,900, which is 18% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Oregon, Wallowa Lake's income is 11% above the state average of $76,196, and home values are 25% below the state median of $382,095.
Why Live in Wallowa Lake, OR?
Wallowa Lake offers a strong local economy with a median household income of $84,321, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 65.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Wallowa Lake has a population of 116 with a median age of 55.4 years. Compare Wallowa Lake with other cities to see how it stacks up, or explore all cities in Oregon.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Wallowa Lake
What is the population of Wallowa Lake, OR?
The population of Wallowa Lake, OR is 116 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Oregon.
What is the median household income in Wallowa Lake?
The median household income in Wallowa Lake, OR is $84,321 per year, which is 12% above the national median of $75,149.
What is the median home value in Wallowa Lake?
The median home value in Wallowa Lake, OR is $287,900, which is 18% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wallowa Lake?
The median monthly rent in Wallowa Lake, OR is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Wallowa Lake?
The unemployment rate in Wallowa Lake, OR is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Wallowa Lake, OR a good place to live?
Wallowa Lake offers above-average incomes, a competitive housing market, and a strong job market. With a population of 116 and a median age of 55.4, the city appeals to established professionals and retirees.
How educated is Wallowa Lake, OR?
65.5% of residents in Wallowa Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Wallowa Lake?
Key cost-of-living indicators for Wallowa Lake, OR: median home value is $287,900 (18% above national), median rent is $0/month, and median household income is $84,321. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wallowa Lake?
The poverty rate in Wallowa Lake, OR is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wallowa Lake, OR?
Wallowa Lake's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.