Thousand Oaks is the site of numerous corporate and regional headquarters, as well as other diverse retail, industrial and business entities.
Major corporations include Amgen, Inc., and the Bioscience Division of Baxter Healthcare Corporation, the top two international leaders in the biotechnology field; Xircom, Inc., General Dynamics Corporation and Rockwell Science Center, all leaders in international technology; Jafra cosmetics, an international cosmetics company; WellPoint Health Networks, Inc., one of the nationÂ?s largest publicly-traded managed care companies, Blue Cross; General Motors Regional Office, Verizon Regional Office, Homestore.com and Netzero.com.
The rich diversity of businesses in our City provides the area with a strong and stable economic foundation. In addition, retail, corporate and industrial entities give community members a variety of local employment opportunities. Thousand Oaks is also home to many entrepreneurs and welcomes small business to the area. Sales tax represents the largest source of revenue to the City of Thousand Oaks and the business community is, therefore, a very important component of the CityÂ?s financial well being.
The Thousand Oaks primary shopping market has a current population of 320,000 and includes the cities of Thousand Oaks, Westlake Village, Agoura Hills, Camarillo, Moorpark and Calabasas along with the adjacent unincorporated areas. The median household income of the Thousand Oaks market is more than $84,000 (2001 study by the University of California, Santa Barbara).
The retail buying market area is approaching $2.4 billion, evidenced by the continued strength of The Oaks Mall, Janss Marketplace, the worldÂ?s largest auto mall, and other shopping venues in the market area.
The Oaks Mall includes three major anchor stores: MacyÂ?s, Robinsons-May and JC Penney, plus 150 high quality shops, a food court and movie theaters. The Janss Marketplace, a smaller regional shopping center, also has three anchor stores: Mervyns, Sears and Toys-R-Us, a food court and a 9-screen cineplex and is adding a number of regional and national stores to its mix. Additionally, national brand stores not represented in Southern California to seek locations in Thousand Oaks to showcase their new West Coast presence.
Numerous smaller shopping centers, such as The Promenade and North Ranch, also offer shopping choices.
Residents and visitors enjoy fine dining at many local restaurants while many hotels, such as the Westlake Hyatt, offer luxury accommodations.
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