Thousand Oaks city, California Demographics & Population 2026

Population Overview

Thousand Oaks city is a major urban center located in California. The total population is 125,676. It ranks as the 48th most populous out of 1,577 cities and towns in California.

Age Demographics

The median age in Thousand Oaks city is 44.5 years. This is 18% higher than the state median of 37.6 years.

Economy, Income & Housing

The median household income in Thousand Oaks city is $134,367. This is 39% higher than the state median of $96,334. Compared to the national median of $78,538, household income here is 71% higher. The poverty rate stands at 8.0%. This is 33% lower than the state poverty rate of 12.0%. The unemployment rate is 5.0%. This is 23% lower than the state rate of 6.4%. The median home value is $951,200. Housing costs are 37% higher than the state median of $695,400. The home-value-to-income ratio of 7.1x suggests that housing affordability is a significant concern for many residents. 70.1% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 55.8%.

Race & Ethnicity

The largest racial or ethnic group in Thousand Oaks city is White (non-Hispanic), making up 62.8% of the population. Hispanic or Latino residents account for 19.8%. The White (non-Hispanic) population is significantly higher than the state average (62.8% vs 34.6%). The Black or African American population (2.0%) is well below the state average of 5.3%. The Hispanic or Latino population (19.8%) is well below the state average of 39.8%.

Education

50.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% higher than the state rate of 36.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.7%. Notably, 21.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Thousand Oaks city, California is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against California state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,577 Census-designated places in California. For official data, visit data.census.gov.