Economic
Development
Update
City Council Regular
Meeting
August 10, 2026
Item 2.1
Population (1/1/2026)*
40,942
2030 Population Estimate
44,334
Community
Median Home Sale Price
$703,877
Regional Workforce
1.35M
Average HH Income
$147,553
Average HH Size
3.7 Source(s): Dept. of Finance E-1 & E-5 (Published 5/1/2026)*; Realtor.com (Oct. 2025); ESRI forecasts for 2025 and 2030. US Census 2010 and 2020 Census data converted by ESRI into 2020 geography.
2026 Housing/Population Growth
Fastest Growing
City w/ Populations
30,000+ at 5.6%
#3 in 2025 at 4.0%
#1 in 2024 at 5.4%
#1 in 2023 at 11.1%
#2 in 2022 at 6.6%
Percent Total
Housing Unit
Growth at 7.0%
#3 in 2025 at 5.6%
#3 in 2024 at 5.4%
#2 in 2023 at 15.8%
#2 in 2022 at 10.1%
Percent SingleFamily Housing
Growth at 7.1%
#3 in 2025 at 6.1%
#2 in 2024 at 5.6%
#2 in 2023 at 14.6%
#2 in 2022 at 11.0%
Percent Growth
Driven by Housing
Production at 5.5%
#5 in 2025 at 5.6%
#2 in 2024 at 5.4%
#2 in 2023 at 11.1%
#3 in 2021 at 6.3%
2 #
4 #
4 #
3 #
163
296
392 408
680
950 924
568
701 643
247
146
172
48 43 158
0 200
400
600
800
1000
1200
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Single-Family Multi-Family
City of Lathrop – Residential Permits Issued
Years 2016 – 2026
826
1,122
972
744 801
• High School Speaker Series
• Lathrop High – November 13,
2025
• River Islands High – January 7,
2026
• Sutter Health Ground-Breaking
River Islands Care Complex
• December 11, 2025
• Builders Exchange San Joaquin
(BXSJ) Industry Update
Breakfast
• February 12, 2026
Business Engagements & Events
Business Engagements & Events
STIR Event w/Greater Lathrop Chamber - Great Wolf Lodge - April 7 • Ceramic Garage Ribbon Cutting
• February 13, 2026
• Maverik, Inc. Ribbon Cutting
• March 6, 2026
• Vierra Reinforcement Project
• June 5, 2026
• Sutter Health Urgent Care
• June 24, 2026
• Cold Stone Creamer
• July 31, 2026
Trade Shows & Conferences
Trade Shows & Conferences
27 Meetings /
Leads
Generated
Entertainment
Restaurants / Grocery
General Retail / Other
3 8
16 March 24th & 25th
Monterey, CA
Attendees:
1,000
Exhibitors:
50 @MONTEREY
Attendees:
25,000
Exhibitors:
1,200
May 18th & 20th
Las Vegas, NV
Approved/Under Construction/Opening Soon!
Advertising
Community
Outreach
City Website - Social Media - All
City Facilities
-------------------
Newsletters Included in January,
April, and July Utility Bills
Winter Newsletter - January 2026
Spring Newsletter - April 2026
Summer Newsletter - July 2026
Marketing & Social Media
Announcements
SJ Fair Housing Closure: March 11, 2026
Dept. of Fair Housing & Employment
(800) 884-1684
California Legal Services
(209) 946-0605
Source: Indeed.com - CalJobs.ca.gov - USNLX.com
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Posted Within
Last 14 Days
Retail / Service / Sales
Distribution/Logistics
Manufacturing
www.Careers.Walmart.com
L O C A L
R E S O U R C E
S
• Job Search
Assistance
• Small
Business
Assistance
• Career
Technical
Education,
and
Life-Long
Learning
AGENCY WEBSITE
San Joaquin County WorkNET SJCWORKNET.ORG
EDD CalJobs CALJOBS.CA.GOV
Small Business Development Center SANJOAQUINSBDC.ORG
Innovation Hub San Joaquin IHUBSJ.ORG
Growth-Opportunity SJ County GOSJ.ORG
CodeStack Academy (SJCOE) CODESTACKACEDEMY.ORG
Manteca Education & Training Center
(METC) MANTECAUSD.NET/METC
San Joaquin Delta College DELTACOLLEGE.EDU
University of the Pacific
• Benerd College
(Innovative degrees & lifelong learning programs)
• Osher Lifelong Learning Institute
(Designed for people ages 50+)
PACIFIC.EDU
EDUCATION.PACIFIC.EDU/EDUCATION
EDUCATION.PACIFIC.EDU/EDUCATION/
OSHER-LIFELONG-INSTITUTE