Electrical Engineer Salary in Thousand Oaks, CA: $134,076 (2026)
Quick Answer:A full-time electrical engineer in Thousand Oaks, CA earns a median $134,076/year (≈ $64.46/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 17-2071). Once you factor in Thousand Oaks's price level (13% above national, BEA RPP 113.1), that paycheck buys what $118,546 would nationally. Nominal pay sits 2.2% below the California state average.
Based on BLS state-level estimates · View source
In Thousand Oaks, California, the electrical engineer salary in Thousand Oaks is projected to reach a median annual figure of $134,076 in 2026. This amount comes from local estimates based on 2025 BLS data, which suggests a salary range spanning from $88,303 at the 10th percentile (P10) to as high as $207,818 at the 90th percentile (P90). The local job market presents opportunities across various sectors like semiconductor and chip design, which typically offer the highest compensation. As firms increasingly seek talent for specialized roles, this dynamic indicates a competitive landscape for electrical engineers looking to advance their careers in the region.
About the Thousand Oaks Market
Salary estimated from California average ($138,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $88,303 | $42.46 |
| Lower Range (P25) | $104,869 | $50.42 |
| Median (P50)(typical) | $134,076 | $64.46 |
| Upper Range (P75) | $171,617 | $82.51 |
| Top Earners (P90) | $207,818 | $99.91 |
Median Salary Position
7.23% above the national average
2026 Salary Percentile Distribution in Thousand Oaks
In Thousand Oaks, CA, the electrical engineer salary spread from the 10th to 90th percentile is $119,515 (2026 est.). At $134,076, the local median is 7.23% above the national median of $125,033.
Salary Calculator
At 40 hours/week in Thousand Oaks: You'd be in the lower-middle range
How Thousand Oaks Electrical Engineer Pay Compares
Thousand Oaks median: $134,076/year (2026)
| Compared To | Median Salary | Thousand Oaks Pays |
|---|---|---|
| California Average | $137,092 | -2.20% less |
| National Average | $125,033 | +7.23% more |
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.
Cost-of-Living Adjusted Salary
Thousand Oaks has a cost of living 13.10% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Thousand Oaks, CA has a cost-of-living index of 113.1 (above the national average of 100). While the nominal salary of $134,076 is competitive, the higher cost of living reduces purchasing power to an effective $118,546 — a 11.58% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$105,657
2025 BLS Actual
$129,355
2026 Current Est.
$134,076
2019–2027 Growth
+31.5%
Salary 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 | Annual Salary | Status |
|---|---|---|
| 2019 | $105,657 | Actual |
| 2020 | $108,123 | Actual |
| 2021 | $107,683 | Actual |
| 2022 | $110,793 | Actual |
| 2023 | $114,686 | Actual |
| 2024 | $157,002 | Actual |
| 2025 | $129,355 | Actual |
| 2026(current) | $134,076 | Estimated |
| 2027 | $138,970 | Projected |
Based on 7 years of BLS OEWS data for the Thousand Oaks metropolitan area, the median electrical engineer salary grew 22.4% from $105,657 (2019) to $129,355 (2025). At a 3.65% compound annual growth rate, salaries are projected to reach $138,970 by 2027 — a total increase of $33,313 (31.53%) from 2019.
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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $88,303 – $104,869 |
| 3-5 years (Mid Career) | $104,869 – $134,076 |
| 5+ years (Experienced) | $134,076 – $171,617 |
| 10+ years (Top Earner) | $171,617 – $207,818 |
EE salary ranges estimated from BLS percentile data. Individual electrical engineer compensation varies by employer, certifications, and specialization.
Electrical Engineer Job Market in Thousand Oaks
Interestingly, Thousand Oaks holds a relatively modest number of employed electrical engineers, estimated at 32. Coupled with a cost-of-living index of 113.1, professionals must consider how their take-home pay aligns with local expenses. Major employers in this area, such as Apple, Tesla, and defense contractors like Lockheed Martin, offer attractive pay packages, often enhanced by performance bonuses and equity options. The variance in electrical engineer pay within Thousand Oaks is influenced by industry type, with semiconductor jobs being the most lucrative, while utility roles lag behind. Factors such as security clearances and advanced academic credentials also affect earning potential. For those navigating this market, targeting high-demand sectors and acquiring additional qualifications can significantly enhance salary prospects.
More salary data for Thousand Oaks, CA:
Frequently Asked Questions
How much do electrical engineers make in Thousand Oaks, CA in 2026?
Is Thousand Oaks, CA a good place to work as a electrical engineer?
Can electrical engineers make $100K in Thousand Oaks?
What is the cost-of-living adjusted electrical engineer salary in Thousand Oaks?
How much does a electrical engineer make per hour in Thousand Oaks?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in California
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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $129,355 for electrical engineersin the Thousand Oaks metropolitan area. A 3.65% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
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