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This question is about Thousand Oaks, CA.
What is a good salary in Thousand Oaks, CA?
A good salary in Thousand Oaks, CA is anything over $82,000. That's because the median income in Thousand Oaks is $82,000, which means if you earn more than that you're earning more than 50% of the people living in Thousand Oaks. The average salary in Thousand Oaks is $94,690.
A good hourly wage in Thousand Oaks is $39.42 per hour. That works out to a good weekly wage of $1,576 per week and a good monthly wage of $6,833 per month. However, using the median income is only one way to calculate a good salary in Thousand Oaks.
Another way to calculate a good salary in Thousand Oaks is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $726,100, a good salary in Thousand Oaks would be $145,220.
Lastly, we can determine a good salary in Thousand Oaks by looking at the cost of living and comparing it to the US average salary. The cost of living in Thousand Oaks is 72% higher than than the national average. The national average salary is $56,310, so a good salary in Thousand Oaks is anything over $96,853 by this measure.
Average Annual Salary in Thousand Oaks, CA
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $41,000 | $3,416 | $788 | $19.71 |
| 25th | $57,000 | $4,750 | $1,096 | $27.4 |
| Median | $82,000 | $6,833 | $1,576 | $39.42 |
| 75th | $117,000 | $9,750 | $2,250 | $56.25 |
| 90th | $163,000 | $13,583 | $3,134 | $78.37 |
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