Living in Thousand Oaks, California

Cost of living, income, home prices, rent and demographics of Thousand Oaks · Census data 2020–2024

Thousand Oaks has 125,205 residents with a median age of 44.9. The median household income is $135,603 (37% higher than the California median), the median home value is $991,600, the median rent is $2,664/month.

Thousand Oaks at a glance

Population
125,205
Median age
44.9State: 37.9
Median household income
$135,603State: $99,122
Median home value
$991,600State: $734,700
Median rent
$2,664/moState: $2,036
Homeowners
70.8%
Bachelor's degree or higher
51.4%
Average commute
25 min

Is Thousand Oaks a good place to live?

Pros: Median household income 37% higher than the California median; an average commute of 25 minutes; unemployment of 5.4%; a poverty rate of 8.9%.

Cons: Home values 35% higher than the state median.

The weather is best in March to May and November.

Cost of living in Thousand Oaks

Housing is the biggest part of the cost of living. In Thousand Oaks the median home value is $991,600, 198% higher than the U.S. median. Renters pay a median of $2,664 per month, which is 32.9% of household income. Homeowners with a mortgage pay $3,580 a month in housing costs.

Median home value

Thousand Oaks$991,600
California$734,700
United States$332,700

Median monthly rent

Thousand Oaks$2,664
California$2,036
United States$1,413

Thousand Oaks median household income

The median household income in Thousand Oaks is $135,603 and the income per person is $66,591. 8.9% of residents live below the poverty line (California: 12%).

Median household income

Thousand Oaks$135,603
California$99,122
United States$80,734

Housing in Thousand Oaks: homes for sale and rent

Housing units
48,084
Owner-occupied
70.8%
Renter-occupied
29.2%
Vacant
3.2%Includes seasonal homes
Median year built
1978
Average household size
2.63

Thousand Oaks demographics

Population
125,205
Median age
44.9
Under 18
19.5%
65 and older
20.7%
Households
46,546
Foreign-born
18.8%
Veterans
5.1%Adults 18+

Race and ethnicity

White65.6%
Hispanic or Latino20.6%
Black1.8%
Asian8.8%

Hispanic or Latino can be of any race. Population history of Thousand Oaks ›

Education in Thousand Oaks

51.4% of adults 25 and older in Thousand Oaks have a bachelor's degree or higher (California: 37.1%), and 21.6% have a graduate or professional degree.

Bachelor's degree or higher

Thousand Oaks51.4%
California37.1%
United States35.7%

Jobs and commute in Thousand Oaks

Unemployment rate
5.4%State: 6.6%
Average commute
25 minState: 29 min
Work from home
24.3%
Drive alone
63.5%
Public transit
0.5%
Walk to work
2%
Homes with broadband
94.1%

Thousand Oaks vs nearby towns

TownPopulationMedian incomeHome valueRent
Thousand Oaks125,205$135,603$991,600$2,664
Santa Rosa Valley2,780$213,973$1,706,200$2,846
Casa Conejo2,671$147,616$888,400$2,946
Lake Sherwood1,633$234,020$2,000,001$3,214
Westlake Village7,743$179,954$1,331,400$3,501
Oak Park13,757$163,085$1,036,900$3,149
Moorpark35,854$148,480$894,300$2,559
Agoura Hills19,721$171,302$1,098,000$3,218
Somis1,229$145,163$1,089,800$2,548

More for people moving to Thousand Oaks

Thousand Oaks ZIP code ›Weather and climate ›

Living in Thousand Oaks: FAQ

What is the median household income in Thousand Oaks, CA?

The median household income in Thousand Oaks is $135,603, 37% higher than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Thousand Oaks?

The median home value in Thousand Oaks is $991,600, compared with $734,700 in California.

How much is rent in Thousand Oaks?

The median gross rent in Thousand Oaks is $2,664 per month, about 32.9% of household income.

Is Thousand Oaks, CA a good place to live?

Pluses: median household income 37% higher than the California median; an average commute of 25 minutes; unemployment of 5.4%; a poverty rate of 8.9%. Minuses: home values 35% higher than the state median.

What is the median age in Thousand Oaks?

The median age in Thousand Oaks is 44.9 years (California: 37.9).

How long is the commute in Thousand Oaks?

The average commute to work in Thousand Oaks is 25 minutes; 24.3% of workers work from home.

What is the unemployment rate in Thousand Oaks?

The unemployment rate in Thousand Oaks is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Thousand Oaks?

51.4% of adults in Thousand Oaks have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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