Thousand Oaks is an affluent city in southeastern Ventura County, California, part of the Greater Los Angeles Area in the United States. Thousand Oaks is located approximately 35 miles from Downtown Los Angeles and is also less than 15 miles from the Los Angeles city neighborhood of Woodland Hills. It was named after the many oak trees that graced the area, and the city seal is adorned with an oak.
The median income for a household in the city was $101,120, and the median income for a family was $119,207. Males had a median income of $82,815 versus $50,604 for females. The per capita income for the city was $54,304. About 2.2% of families and 3.0% of the population were below the poverty line, including 3.2% of those under age 18 and 4.1% of those age 65 or over. In the 2010 Census, the percentage of households with high income: 9.7 percent. Thousand Oaks ranks 7th place (2nd in California) in the top 10 list of the wealthiest cities with over 100,000 residents. That represents an annual household income of at least $191,469.
Thousand Oaks is among the safest large cities in the nation. The city consistently ranks within the top 10 safest large cities (population between 100,000 and 499,999) in the United States in annual surveys, the main competition being nearby Simi Valley.
Currently, Thousand Oaks is undergoing numerous renovations and development. State Route 23 is in the process of being expanded to a six-lane highway, U.S. Route 101 is being upgraded, The Oaks Shopping Center is being expanded by the Macerich Company, and the city has plans to renovate the old Downtown, near the Civic Arts Plaza on Thousand Oaks Blvd.
New homes are also being built in very few areas of the city. Primary areas of new residential construction are currently in-fill sites within the developed area of the community and not outward expansion.