Electrical Engineer Hourly Pay in Thousand Oaks, CA: $64.46 (2026)
Quick Answer:Hourly pay for a electrical engineer working in Thousand Oaks, CA runs $64.46 at the median for 2026 — annualizing to $134,076 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 17-2071). Weighted against Thousand Oaks's regional price level (BEA RPP 113.1, 13% above national), each hour of work buys what $56.99 nationally would. A 24-hour part-time schedule grosses $80,446 per year.
Based on BLS state-level estimates · View source
In Thousand Oaks, the projected electrical engineer hourly pay stands at $64.46, which reflects a competitive stance against the national median hourly rate of $60.11. This valuation translates well for various work arrangements within the field, whether for part-time roles, such as a three-day workweek, or per-diem opportunities. Electrical engineers in this locale often find themselves in specialized environments, including tech company labs with sophisticated hardware, semiconductor clean rooms, or defense contractor facilities that require security clearances. The hourly range for electrical engineers here stretches from $42.46 for entry-level positions up to $99.91 for seasoned professionals with extensive experience or specialized skills, showcasing the diversity in compensation structures available in Thousand Oaks.
About the Thousand Oaks Market
Salary estimated from California average ($138,000) adjusted for local cost of living.
Electrical Engineer Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $42.46 | $339.64 |
| Lower Range (P25) | $50.42 | $403.32 |
| Median (P50) | $64.46 | $515.68 |
| Upper Range (P75) | $82.51 | $660.04 |
| Top Earners (P90) | $99.91 | $799.27 |
Estimated Annual Income by Work Schedule in Thousand Oaks
Based on $64.46/hr median hourly rate · 2026 est.
At $64.46/hr, a electrical engineer working full-time (40 hr/wk) in Thousand Oaks, CA can expect to earn approximately $134,077 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $77,352. With a cost-of-living index of 113.10 (above the national average), these earnings may be offset by higher expenses in Thousand Oaks.
Hourly Rate Calculator
Schedule Comparison in Thousand Oaks
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,578.40 | $11,173 | $134,077 |
| Part-Time (24 hrs) | $1,547.04 | $6,704 | $80,446 |
| Per Diem (16 hrs) | $1,031.36 | $4,469 | $53,631 |
Compare EE Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Electrical Engineer (Thousand Oaks) | $64.46 |
| Mechanical Engineer (National Avg) | $48.61 |
| Computer Hardware Engineer (National Avg) | $69.00 |
| Electronics Engineer (National Avg) | $58.25 |
| Electrical Engineering Technician (National Avg) | $35.08 |
Electrical Engineers in Thousand Oaks, CA earn a median of $134,076 per year (2026 est.), which is 7.23% higher than the national median of $125,033 and 2.20% below the California state average of $137,092.
Electrical Engineer Hourly Pay vs. Cost of Living
Working 24h/week at $64.46/hr = $80,446/year (purchasing power: $71,128).
Working 40h/week (full-time) = $134,077/year (purchasing power: $118,547).
CoL index: 113.1 (100 = national average).
2019 BLS Actual
$50.80/hr
2025 BLS Actual
$62.19/hr
2026 Current Est.
$64.46/hr
2019–2027 Growth
+31.5%
Hourly Rate Trajectory for Electrical Engineers in Thousand Oaks (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.65% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.80/hr | Actual |
| 2020 | $51.98/hr | Actual |
| 2021 | $51.77/hr | Actual |
| 2022 | $53.27/hr | Actual |
| 2023 | $55.14/hr | Actual |
| 2024 | $75.48/hr | Actual |
| 2025 | $62.19/hr | Actual |
| 2026(current) | $64.46/hr | Estimated |
| 2027 | $66.81/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for electrical engineers in Thousand Oaks grew 22.4% from $50.80/hr (2019) to $62.19/hr (2025). At a 3.65% projected growth rate, hourly pay is expected to reach $66.81/hr by 2027. Part-time and per-diem electrical engineers can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Thousand Oaks metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.65% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Electrical Engineer in Thousand Oaks
Part-time electrical engineers in Thousand Oaks earning $64.46 an hour while working three days a week can anticipate an annual take-home of around $50,730, significantly less than a full-time counterpart. Per-diem and contract work is prominent in this profession, with rates often surpassing standard salaries; these roles can bill between $90 and $170 an hour, depending on expertise and employer type. Electrical engineers with clearances for defense projects may see rates climb to $150-$280 per hour, while highly specialized consultants in chip design or expert witness roles often command rates between $200 and $600 per hour. Salary variations stem from employer types: engineering positions at tech giants like Apple, Intel, or Tesla generally offer higher compensation than utility companies like Duke Energy or PG&E, which provide greater job security and benefits. Engineers often navigate these trade-offs in pay and benefits based on individual career priorities and lifestyle choices, especially when negotiating contracts in a competitive job market like Thousand Oaks, CA.
More salary data for Thousand Oaks, CA:
Frequently Asked Questions
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Written by Amina Patel, MEng, PE
Career Analyst
Amina has over 10 years of experience in power systems engineering. She works at a utility company specializing in renewable energy integration.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.65% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for electrical engineers in Thousand Oaks. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Thousand Oaks is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.65%, derived from historical BLS wage trends for electrical engineers (SOC 17-2071).
Compiled and verified by Amina Patel, MEng, PE, a licensed electrical engineer with 10+ years of clinical experience. · View source data at BLS.gov