Thousand Oaks, CA
Population 125,676 · California
About Thousand Oaks, CA
Thousand Oaks is a major city located in California with a population of 125,676 residents according to the latest US Census Bureau American Community Survey data. The median household income is $134,367 per year, which is 79% above the national median of $75,149. The median age of 44.5 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 Thousand Oaks features a median home value of $951,200, which is 288% above the national median of $244,900. This places Thousand Oaks in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,580, 122% above the national average of $1,163/month. Of the 48,095 total housing units, 70% are owner-occupied (32,451 units) and 30% are renter-occupied (13,817 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Thousand Oaks shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 8.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Thousand Oaks have an average one-way commute time of 24.7 minutes.
Education & Demographics
50.9% of Thousand Oaks 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 14.1% White, 2.3% Hispanic or Latino, 0.5% Black or African American, and 5.0% Asian residents, with 18.7% of the population being foreign-born.
How Thousand Oaks Ranks in California
Cost of Living in Thousand Oaks, CA
Compared to national averages, Thousand Oaks has a median household income of $134,367 (79% above the national median of $75,149). Home values average $951,200, which is 288% above the national median. Monthly rent at $2,580 is 122% above the US average of $1,163. Within California, Thousand Oaks's income is 37% above the state average of $97,829, and home values are 45% above the state median of $653,874.
Why Live in Thousand Oaks, CA?
Thousand Oaks offers a strong local economy with a median household income of $134,367, well above the national average, and a well-educated community where 50.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.0%, better than the national average. Additionally, the city features short commute times averaging just 24.7 minutes.
Potential considerations include a competitive housing market where the typical home costs $951,200. However, as a major city, Thousand Oaks provides access to a wide range of amenities and services.
Thousand Oaks has a population of 125,676 with a median age of 44.5 years. Compare Thousand Oaks with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Thousand Oaks
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Simi Valley | 125,769 | $117,703 | $753,500 | Compare |
| Vallejo | 124,637 | $89,496 | $557,500 | Compare |
| Concord | 124,260 | $109,195 | $755,900 | Compare |
| Clovis | 122,719 | $100,360 | $453,300 | Compare |
| Santa Clara | 129,239 | $173,670 | $1,527,900 | Compare |
| Berkeley | 120,223 | $108,558 | $1,351,100 | Compare |
| Fairfield | 119,985 | $102,321 | $592,500 | Compare |
| Antioch | 115,759 | $94,256 | $607,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Thousand Oaks With Other Cities
Frequently Asked Questions about Thousand Oaks
What is the population of Thousand Oaks, CA?
The population of Thousand Oaks, CA is 125,676 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in California.
What is the median household income in Thousand Oaks?
The median household income in Thousand Oaks, CA is $134,367 per year, which is 79% above the national median of $75,149.
What is the median home value in Thousand Oaks?
The median home value in Thousand Oaks, CA is $951,200, which is 288% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Thousand Oaks?
The median monthly rent in Thousand Oaks, CA is $2,580, which is 122% above the national average of $1,163/month.
What is the unemployment rate in Thousand Oaks?
The unemployment rate in Thousand Oaks, CA is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Thousand Oaks, CA a good place to live?
Thousand Oaks offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 125,676 and a median age of 44.5, the city appeals to a broad range of residents.
How educated is Thousand Oaks, CA?
50.9% of residents in Thousand Oaks 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 Thousand Oaks?
Key cost-of-living indicators for Thousand Oaks, CA: median home value is $951,200 (288% above national), median rent is $2,580/month, and median household income is $134,367. The home-value-to-income ratio is 7.1x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Thousand Oaks?
The poverty rate in Thousand Oaks, CA is 8.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Thousand Oaks, CA?
Thousand Oaks's population is 14.1% White, 2.3% Hispanic or Latino, 0.5% Black or African American, 5.0% Asian, and 2.0% two or more races. 18.7% of residents are foreign-born.