Economic Development

Lathrop’s Economic Profile

  • Currently over 100,000 vehicles per day commute over the Altamont Pass into the Bay Area for employment
  • Strong demand for housing from the Bay Area, moving to affordability
  • New housing prices for an average 2,000 square foot home are in the $169,000 to $400,000 range
  • Strategically centered between the Stockton, Lathrop and Tracy submarkets – all within a 20 mile radius and a current population of nearly 750,000 with an expectation that this number will approach 1 million within ten years
  • Seven mile radius population of 105,893 with an average household income of $63,072
  • Centrally located within a 30-minute commute of Tracy, Manteca, Stockton, Lodi, Lathrop, Livermore and Pleasanton
  • Within the metro triangle, which is bounded by the Bay Area, Stockton and Sacramento
  • Located aside Interstate 5 , one of the major freeways in California and the major north-south freeway along the entire West Coast

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