Thousand Oaks, CA is a city known for its higher-than-average quality of life and consistently ranked as one of America's safest cities. It is located in Southern California, about 40 miles from Los Angeles. Thousand Oaks has a population of about 130,000 people and is home to several large companies such as Amgen, Teledyne Technologies and Dole Food Company. The city has an above-average cost of living when compared to the national average, with a 2 bedroom rent costing $2,870 in comparison to $1,430 nationally. Grocery costs are around 10% higher than the national index at 110 versus 100. Despite this higher cost of living, Thousand Oaks remains an attractive place to live due to its consistent safety record and high quality of life.
Thousand Oaks has an unemployment rate of 4.9%. The US average is 6.0%.
Thousand Oaks has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Thousand Oaks
- The Sales Tax Rate for Thousand Oaks is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Thousand Oaks is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Thousand Oaks
- The average income of a Thousand Oaks resident is $46,231 a year. The US average is $28,555 a year.
- The Median household income of a Thousand Oaks resident is $113,942 a year. The US average is $69,021 a year.