Economic Development

Lathrop Economic Profile

Currently over 40,000 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 $450,000 to $500,000 range
Strategically centered between the Stockton, Lathrop and Tracy submarkets – all within a 20 mile radius and acurrent 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 averagehousehold 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