Quick facts: Thousand oaks, CA

Quick Facts

125.3
Cost of Living
above US average
124,265
Population
11.93
Crime Rate per 1000
below US average
$125,399
Median Income
above US average
$999,000
Median House Price
above US average
$3991.24
Average Rent
above US average
7%
Poverty Rate
below US average
4.2%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $125,399.

🏠

Income Needed to Buy

βœ— Stretch
$313k/year
Based on $999,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $313k vs median $125,399
🏒

Income Needed to Rent

⚠ Stretch
$171k/year
Based on $3991.24/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $171k vs median $125,399
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Thousand oaks, CA

Thousand Oaks, located in Ventura County, California, is a suburban city renowned for its scenic beauty and strong community feel. Situated approximately 40 miles northwest of Los Angeles, this city is nestled in the Santa Monica Mountains, offering abundant outdoor recreational opportunities, including hiking, biking, and parks. With a mild Mediterranean climate, residents enjoy warm summers and mild winters, making it an attractive destination year-round. As of the latest data, Thousand Oaks has a diverse population that reflects a mix of families, professionals, and retirees. The city boasts a strong economy, with sectors such as technology, biotech, and education playing significant roles. It’s also home to many highly-rated schools and institutions, contributing to its reputation as a family-oriented community. Cultural amenities in Thousand Oaks include the Thousand Oaks Civic Arts Plaza, which hosts various performances and events throughout the year. The city is known for its commitment to preserving open spaces, with numerous parks and reserves, including the popular Wildwood Regional Park. Overall, Thousand Oaks presents a blend of suburban tranquility and access to urban amenities, making it a desirable place to live and visit.

πŸ” Search & Compare Places

First Location πŸ“