Cost of Living in Thousand Oaks
Thousand Oaks runs genuinely expensive relative to the national baseline, layered with California's real 13.3% top income tax rate -- offset somewhat by a notably lower 7.25% combined sales tax rate than several comparable California markets.
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Learn moreA real, disclosed housing-value spread near $1 million-plus
Thousand Oaks' home-value figures carry a real, disclosed spread: Zillow's average home value ran $1,052,875 (up 0.5% year-over-year), against a separately cited typical value of $1,028,113 and a separately cited median of $991,600 -- all clustering in the $990,000-$1.05 million range.
A genuinely high median household income near $135,603
Thousand Oaks' median household income ran approximately $135,603, 68% above the cited national median of $80,734 -- among the higher income figures across this project's California Tier B markets.
A notably lower combined sales tax rate
Thousand Oaks' combined 2026 sales tax rate runs 7.25% -- 6% California state rate plus 1.25% mandatory local rate, with no additional city or special-district add-on, notably LOWER than Oakland's 10.75% or Concord's 9.75% combined rates documented elsewhere in this project.
California's real 13.3% top income tax bracket
California's real, current graduated income tax tops out at 13.3% for income above $1 million (including the 1% Mental Health Services Act surcharge) -- the highest top marginal state income tax rate in the US, applying identically here as in every other California record in this project.
Key takeaways
- Thousand Oaks' home-value figures run $991,600-$1,052,875 depending on source -- genuinely expensive.
- Median household income ran approximately $135,603, 68% above the national median.
- Thousand Oaks' 7.25% combined sales tax rate runs notably lower than several other California markets in this project.
- California's 13.3% top income tax bracket applies identically statewide.
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