Thousand Oaks, California is a mid-sized city with a population of 128,623 people. If we look at the most recent Census, Thousand Oaks is known to have a predominantly White population. The next two most common races are Asian and Black. Thousand Oaks has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 82% of the population is classified as married and 59% have kids.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Thousand Oaks could be a positive experience compared to other cities in California if you know where to search. The best areas in Thousand Oaks and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, cost of living, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the California and national averages.
Thousand Oaks, CA receives 77/100 for its livability score; this results in a ranking of #143 in California and #3,664 in the USA. This is a phenomenal score, as Thousand Oaks ranks well in multiple categories! If we take a closer look at each of the categories on their own, we see that Thousand Oaks ranks well for amenities (A+), crime (A+), weather (A), education (B) and employment (B-). There are some categories that Thousand Oaks scores poorly for, including: cost of living (F) and housing (D-). It might be worth taking a closer look to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Thousand Oaks has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the notable things to do include: The Gardens of the World, Santa Monica Mountains National Recreation Area, and Ventura County Gilbert and Sullivan Repertoire Company.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and the overall sense of community. Thousand Oaks has a violent crime rate of 133 crimes per 100,000 residents which is far lower than the national average.
Assuming that Thousand Oaks meets all of your requirements, the next most important item to examine is the affordability of real estate in Thousand Oaks. Everything else becomes a lot less important if it turns out that home prices in Thousand Oaks are simply unattainable. Median real estate prices in Thousand Oaks come in at $637,100, which is 55.7% higher than the California average. The home price to income ratio compares the median home prices to the median household income. In Thousand Oaks, the home price to income ratio is 6.3, which is 1.6% lower than the California average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Thousand Oaks will offer some insight into determining if your home purchase will be a solid investment for years to come. In Thousand Oaks, the year-over-year appreciation rates were 3.2%, and the 5 year appreciation rates came in at 6.2%.
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