Salary & Cost of Living in Thousand Oaks, CA
Thousand Oaks, CA: $72,316 median salary, cost of living index 156.7, $16.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$72,316
$35/hr
Cost of Living
156.7
US avg = 100
Minimum Wage
$16.00
per hour
Unemployment
4.9%
rate
Thousand Oaks, CA Overview
Population
126,398
Median Salary
$72,316
Average Salary
$80,994
Avg Commute
18 min
Median Home Price
$765,000
Median Rent
$3,123/mo
Job Growth
+0.9%
Sales Tax
7.25%
Thousand Oaks is located in California with a population of 126,398. The median household salary is $72,316 per year ($35/hour), which is $12,932 above the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +0.9%.
Thousand Oaks Salary by Experience Level (2026)
Wage distribution in Thousand Oaks, CA based on BLS percentile breakdown of the $72,316 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $44,836 | $21.56/hr | 0–2 years |
| Mid-Level (Median) | $72,316 | $34.77/hr | 3–7 years |
| Senior-Level | $102,689 | $49.37/hr | 8–15 years |
| Top 10% (90th Percentile) | $128,722 | $61.89/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Thousand Oaks Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Thousand Oaks, CA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$52,535
$4,377.91/month · $2,020.57/biweekly · Effective Rate: 27.4%
Gross Pay
$72,316
Federal Tax
-$7,524
State Tax
-$6,725
Local Tax
$0
FICA
-$5,532
Net Pay
$52,535
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $6,026.33 | $72,316.00 |
| Federal Income Tax | -$626.96 | -$7,523.52 |
| California State Tax (9.3%) | -$560.45 | -$6,725.39 |
| Social Security (6.2%) | -$373.63 | -$4,483.59 |
| Medicare (1.45%) | -$87.38 | -$1,048.58 |
| Net Take-Home Pay | $4,377.91 | $52,534.92 |
Salary Comparison: Thousand Oaks vs Other Cities
See how Thousand Oaks's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Thousand Oaks, CA | $72,316 | 156.7 | $46,149 |
| National Average | $59,384 | 100 | $59,384 |
| Huntington Park, CA | $72,311 | 154.9 | $46,682 |
| Neptune, NJ | $72,321 | 115.7 | $62,507 |
| Marlboro, NJ | $72,353 | 113.1 | $63,973 |
| Medford, MA | $72,402 | 128.4 | $56,388 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Thousand Oaks
Thousand Oaks's cost of living index is 156.7 (national average = 100). Living in Thousand Oaks is 56.69999999999999% more expensive than the national average.
Median Home Price
$765,000
Median Monthly Rent
$3,123
Annual Rent Cost
$37,476
Your Salary's Purchasing Power
Your $52,535 annual take-home pay in Thousand Oaks has the purchasing power of approximately $33,526 in an average-cost US area. You would need to earn $113,319 in Thousand Oaks to match a $72,316 salary in an average-cost city.
Top Industries in Thousand Oaks
Thousand Oaks's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $72,316.
Salary Tips for Thousand Oaks Workers
- Negotiate for cost of living. Thousand Oaks has a cost of living 56.69999999999999% above the national average. When negotiating salary, factor in the higher housing and living costs to ensure your real purchasing power stays competitive.
- Maximize pre-tax deductions. With a 9.3% state income tax rate, maximizing 401(k) contributions (up to $24,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Thousand Oaks's top industries include Technology, Entertainment, Agriculture. Targeting roles in these sectors can help you earn above the $72,316 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
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Frequently Asked Questions
What is the median salary in Thousand Oaks, CA?
The median salary in Thousand Oaks, CA is $72,316 per year, or $35 per hour. The average salary is $80,994. This is $12,932 above the national median of $59,384.
What is the cost of living in Thousand Oaks, CA?
Thousand Oaks's cost of living index is 156.7 (national average = 100), meaning it is 56.69999999999999% more expensive compared to the national average. The median home price is $765,000 and the median monthly rent is $3,123.
What are the best industries in Thousand Oaks?
The top industries in Thousand Oaks, CA include Technology, Entertainment, Agriculture. The city has a job growth rate of 0.9% and an unemployment rate of 4.9%. Workers in these industries often earn above the city's median salary of $72,316.
How does Thousand Oaks's salary compare to other cities?
Thousand Oaks's median salary of $72,316 is 21.8% above the national median of $59,384. However, when adjusted for cost of living (index: 156.7), the real purchasing power is approximately $46,149.
What is the minimum wage in Thousand Oaks, CA?
The minimum wage in Thousand Oaks, CA is $16.00 per hour. This equals approximately $33,280 per year for a full-time worker (40 hours/week). This is $8.75 above the federal minimum wage of $7.25/hour.