Thousand Oaks, California Income Statistics
Thousand Oaks Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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A
Thousand Oaks Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Thousand Oaks | California Avg | US Average |
|---|---|---|---|
| Median Household Income | $134,372 | $99,161 | $80,455 |
| Median Personal Income | $96,667 | $67,742 | $60,758 |
| Average Yearly Income Growth | 3.6% | 5.6% | 4.8% |
| Six-Figure Earners | 26.1% | 17.6% | 13.9% |
| $200k+ Households | 32.1% | 20.5% | 13.2% |
The median household income in Thousand Oaks is about 36% higher than in California. Income has been growing slower in Thousand Oaks (3.6%/yr) than in California (5.6%/yr).
About 26% of adults in Thousand Oaks earn six figures ($100,000 or more) a year, higher than the California average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Thousand Oaks, California grew by 37.1% from 2009 to 2024, reaching $134,372 in 2024. That's an average of about 3.6% per year.
Thousand Oaks has been far above the U.S. median household income in every year from 2009 to 2024. The gap has narrowed from 92% in 2009 to 67% in 2024, the closest it has been.
Income Distribution in Thousand Oaks
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 28,392 households (61.2% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 12.8% of households in Thousand Oaks had an income under $35,000 and 44.6% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Thousand Oaks has a larger share of households earning $200,000 or more (32.1% vs 13.2%) and a smaller share earning $50,000 to $74,999 (10.4% vs 15.5%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 2,109 | 4.5% | 5.1% |
| $10,000 to $14,999 | 772 | 1.7% | 3.5% |
| $15,000 to $24,999 | 1,440 | 3.1% | 6.4% |
| $25,000 to $34,999 | 1,606 | 3.5% | 6.7% |
| $35,000 to $49,999 | 2,798 | 6.0% | 10.1% |
| $50,000 to $74,999 | 4,816 | 10.4% | 15.5% |
| $75,000 to $99,999 | 4,455 | 9.6% | 12.6% |
| $100,000 to $149,999 | 7,698 | 16.6% | 17.4% |
| $150,000 to $199,999 | 5,809 | 12.5% | 9.5% |
| $200,000 or more | 14,885 | 32.1% | 13.2% |
Shares are of all 46,388 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 27,652 residents (26.1% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 30.0% of residents who have any income.
In 2024, 12.9% of Thousand Oaks residents aged 15 and over reported no personal income, 25.3% had some income but less than $25,000, and 34.4% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Thousand Oaks has a larger share of residents earning $100,000 or more (26.1% vs 13.9%) and a smaller share earning $35,000 to $49,999 (9.1% vs 12.6%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 13,684 | 12.9% | 12.8% |
| $1 to $9,999 | 12,194 | 11.5% | 11.2% |
| $10,000 to $14,999 | 5,785 | 5.5% | 7.0% |
| $15,000 to $24,999 | 8,735 | 8.3% | 10.5% |
| $25,000 to $34,999 | 7,584 | 7.2% | 9.5% |
| $35,000 to $49,999 | 9,596 | 9.1% | 12.6% |
| $50,000 to $74,999 | 11,790 | 11.1% | 14.3% |
| $75,000 to $99,999 | 8,750 | 8.3% | 8.2% |
| $100,000 or more | 27,652 | 26.1% | 13.9% |
Shares are of the 105,769 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 12.9% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Thousand Oaks
| Metric | Thousand Oaks | California Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.550 | 0.572 | 0.552 |
| Male Median Income | $111,643 | $75,172 | $69,667 |
| Female Median Income | $83,004 | $66,071 | $56,850 |
| Gender Pay Gap | 25.7% | 12.1% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Thousand Oaks, it is 0.550, lower than California's 0.572, so income is more evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 35% more than women's income in Thousand Oaks, California. Over a 35-year career, a 35% wage gap accumulates to roughly $1,002,365 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Thousand Oaks, California has narrowed from about 35% to 26% in 2024. Over that period the gap was narrowest at 25% in 2023. In dollar terms, the gap has narrowed by $1,185 since 2009.
Employment
| Metric | Thousand Oaks | California Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.4% | 6.6% | 5.2% |
| Working from Home | 24.4% | 17.2% | 15.0% |
| Commute time (minutes) | 18 | 23 | 22 |
Approximately 3,541 people are unemployed in Thousand Oaks, California.
The average commute time in Thousand Oaks is 18 minutes, shorter than the 23 minutes in California.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Thousand Oaks, California has fallen from 7.5% to 5.4% in 2024. Over that period the rate peaked at 9.6% in 2014 and fell as low as 4.2% in 2020.
Thousand Oaks has crossed the U.S. unemployment rate 3 times since 2011, most recently moving above it in 2024, at 0.2 points higher.
Conclusion
Considering all these factors, Thousand Oaks, California has an overall wealth index grade of A, making it notably better than California, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Thousand Oaks, California.
How Rich Is Thousand Oaks, California?
Thousand Oaks has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $134,372, about 36% higher than the California average of $99,161.
How has median household income changed in Thousand Oaks, California?
Between 2009 and 2024, the median household income in Thousand Oaks, California rose 37%, from $98,039 to $134,372. Over the same years, income here lagged behind California as a whole: +37% against +64%.
What was the median household income in Thousand Oaks in 2023?
In 2023, the median household income in Thousand Oaks, California was $135,200, up 7% from $126,386 in 2022. The California median that year was $96,718.
What was the median household income in Thousand Oaks in 2020?
In 2020, the median household income in Thousand Oaks, California was $109,802. By 2024 it had risen 22% to $134,372.
Do many residents of Thousand Oaks, California earn over $100,000?
Yes. 26% of adults in Thousand Oaks, California earn $100,000 or more a year (about 1 in 4), against 18% (about 1 in 6) in California. 32% of households have a combined income of $200,000 or more, compared with 20% in California.
What is the Gini coefficient in Thousand Oaks, California?
The Gini coefficient in Thousand Oaks is 0.550. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Thousand Oaks, California?
Since 2009, the income gap between men and women in Thousand Oaks, California has narrowed from about 35% to 26% in 2024. Over that period the gap was narrowest at 25% in 2023. In dollar terms, the gap has narrowed by $1,185 since 2009.
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