Milpitas vs Thousand Oaks
The short version
- Overall prices are about the same in both metro areas (BEA 2024).
- The median home costs $991,600 in Thousand Oaks and $1,251,700 in Milpitas.
- Households earn more in Milpitas ($178,798 vs $135,603 median).
- Thousand Oaks has the warmer winter: January highs of 68°F vs 60°F.
Side by side
| Milpitas, CA | Thousand Oaks, CA | |
|---|---|---|
| People | ||
| Population (2025) | 78,596 | 122,230 |
| Growth since 2020 | -2.1% | -3.7% |
| People per square mile | 5,830 | 2,212 |
| Median age | 36.8 | 44.9 |
| Bachelor's degree or higher | 58% | 51% |
| Money and housing | ||
| Median household income | $178,798 | $135,603 |
| Median home value | $1,251,700 | $991,600 |
| Home value to income | 7.0× | 7.3× |
| Median rent (with utilities) | $3,120 | $2,664 |
| Metro price level (US = 100) | 110.4 | 110.5 |
| Housing price level (US = 100) | 211.9 | 171.1 |
| $75,000 elsewhere equals | $82,800 | $82,900 |
| Homeowners | 58% | 71% |
| Top state income tax | 13.3% | 13.3% |
| Combined sales tax | 9.03% | 9.03% |
| Work and commute | ||
| Average commute (minutes) | 25.8 | 24.6 |
| Work from home | 25% | 24% |
| Take public transit | 2% | 1% |
| Unemployment (2020-24 avg) | 4.1% | 5.4% |
| Poverty rate | 5.9% | 8.9% |
| Weather | ||
| January high / low | 60° / 42° | 68° / 45° |
| July high / low | 81° / 58° | 78° / 60° |
| Precipitation per year | 14 in | 12 in |
| Snowfall per year | 0 in | 0 in |
| Days 90°F or hotter | 16 | 9 |
| Nights below freezing | 3 | 1 |
| Comfortable months | 10 | 12 |
| Risks, air and home prices | ||
| Natural hazard risk (FEMA, county) | Very High | Relatively High |
| FEMA risk score (lower is safer) | 99.7 | 99.4 |
| Good air days, 2025 | 92% | 52% |
| Home prices, past year | -1% | -1.3% |
| Home prices, past 5 years | +27.4% | +28.7% |
Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.
Weather, month by month
Most comfortable months: Milpitas: February to November. Thousand Oaks: January to December.
Full monthly tables: Milpitas weather by month and Thousand Oaks weather by month.
What $75,000 is worth
A $75,000 salary in an average-priced US city buys about the same as $82,800 in Milpitas and $82,900 in Thousand Oaks. Moving from Milpitas to Thousand Oaks, you would need about $75,100 to match a $75,000 salary.
Moving between Milpitas and Thousand Oaks
IRS county-to-county migration, 2022 to 2023 tax years, for the counties that contain each city. See where else people move from Milpitas and Thousand Oaks.
Which would you pick?
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