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==Economy== According to the city's 2022 Comprehensive Annual Financial Report,<ref name=acfr2022>{{Cite report |title= City of Lathrop, California Comprehensive Annual Financial Report for Fiscal Year Ended June 30, 2022 |date= March 30, 2023 |url= https://www.ci.lathrop.ca.us/sites/default/files/fileattachments/finance/page/2181/city_of_lathrop_acfr_final_3-30-23.pdf |page= 182 |access-date= September 23, 2023 }}</ref> the top 10 employers in the city are: {| class="wikitable" |- ! # ! Employer ! # of employees |- |1 |[[Tesla, Inc.]] |3,000 |- |2 |[[United Parcel Service]] |1,500 |- |3 |Pflug Packaging |450 |- |4 |[[Army & Air Force Exchange Service]] |400 |- |5 |[[Wayfair]] |400 |- |6 |[[Super Store Industries]] |375 |- |7 |California Natural Products |375 |- |8 |Simwon America |336 |- |9 |[[Manteca Unified School District]] |333 |- |10 |CBC Steel Buildings |203 |} ===Economic potential=== The City of Lathrop has a seven-mile (11 km) radius population of 105,893 with an average household income of $63,072. Lathrop is centered between the Stockton and Tracy submarkets – both within a {{convert|20|mi|km|0|adj=on}} radius.<ref>{{cite web |title=City of Lathrop :: About Lathrop |url=http://www.ci.lathrop.ca.us/about/ |website=www.ci.lathrop.ca.us |access-date=January 12, 2019}}</ref><ref>{{cite web |title=Lathrop, CA Real Estate Housing Market & Trends {{!}} Coldwell Banker |url=https://www.coldwellbanker.com/for-sale-homes/Lathrop-CA-4909c/view_local-market-trends |website=www.coldwellbanker.com |access-date=January 12, 2019}}</ref> In April 2014, electric car maker Tesla announced that it would be opening a [[List of Tesla factories|warehouse in Lathrop]], in a {{convert|430,000|sqft|m2|adj=on|abbr=on}} building that was once a Chrysler distribution center. The company also operates a factory assembling [[Tesla Megapack]] [[lithium-ion battery]] containers in the former J.C. Penney distribution center,<ref>{{cite web |last1=Johnson |first1=Jeremy |title=Meet Tesla's Megafactory - Capable of Producing 10,000 Megapacks Each Year {{!}} Torque News |url=https://www.torquenews.com/14335/meet-teslas-megafactory-capable-producing-10000-megapacks-each-year |website=www.torquenews.com |language=en |date=February 6, 2023}}</ref> and has become Lathrop’s largest employer.<ref name=acfr2022/> === Large developments === Mossdale Village,<ref>{{cite web |title=Mossdale Village |url=https://www.ci.lathrop.ca.us/planning/page/mossdale-village |url-status=live |archive-url=https://web.archive.org/web/20240202040927/https://www.ci.lathrop.ca.us/planning/page/mossdale-village |archive-date=February 2, 2024 |access-date=February 12, 2024 |website=City of Lathrop}}</ref> located west of I-5 and east of the San Joaquin River, consists of 2375 units and has historical significance. The development abuts, and is named after, the site of the San Joaquin Railroad Bridge at Mossdale crossing,<ref name="moss 1869" /> which was the final link to the Pacific coast for the Transcontinental Railroad, actually completed on September 6, 1869,<ref name="sac union 1869" /> four months after the official celebration and driving of the golden spike at Promontory Utah. California State Historical Marker number 781-7 is at Mossdale Crossing Park.<ref name="HMdb 2006" /> [[Stanford Crossing]], located west of the I-5 freeway and east of the San Joaquin River, is a master planned community consisting of 2167 lots. It was conceived as part of the Central Lathrop Specific Plan (CLSP), adopted on November 9, 2004, to develop “a vibrant and livable community” across approximately {{convert|1,521| acres}} in Central Lathrop.<ref>{{Cite web |title=Central Lathrop Specific Plan Main Page |url=https://www.ci.lathrop.ca.us/planning/page/central-lathrop-specific-plan-main-page |url-status=live |archive-url=https://web.archive.org/web/20240202035501/https://www.ci.lathrop.ca.us/planning/page/central-lathrop-specific-plan-main-page |archive-date=February 2, 2024 |access-date=February 12, 2024 |website=City of Lathrop}}</ref><ref>{{Cite web |title=Central Lathrop Specific Plan Phase 1 |url=https://www.ci.lathrop.ca.us/planning/page/central-lathrop-specific-plan-phase-1 |url-status=live |archive-url=https://web.archive.org/web/20240202042430/https://www.ci.lathrop.ca.us/planning/page/central-lathrop-specific-plan-phase-1 |archive-date=February 2, 2024 |access-date=February 2, 2024 |website=City of Lathrop}}</ref> The community’s name pays homage to Leland Stanford, and his role in the completion of the transcontinental railroad at nearby Mossdale Crossing.<ref>{{Cite web |last= |first= |date=March 27, 2024 |title=The Fascinating History of Lathrop, CA |url=https://stanfordcrossing.com/blog/history-of-lathrop-ca/ |access-date=April 4, 2024 |website=Stanford Crossing |language=en-US}}</ref> A {{convert|4.13| acre||adj=mid| park}} developed in the neighborhood was also subsequently named Leland and Jane Stanford Park, after the family who helped found Lathrop.<ref>{{Cite web |last=Campbell |first=Jason |title=Name of historic figures may grace new Lathrop parks |url=https://www.mantecabulletin.com/news/local-news/name-historic-figures-may-grace-new-lathrop-parks/ |url-status=live |archive-url=https://web.archive.org/web/20210731131349/https://www.mantecabulletin.com/news/local-news/name-historic-figures-may-grace-new-lathrop-parks/ |archive-date=July 31, 2021 |access-date=February 12, 2024 |website=www.mantecabulletin.com |publication-date=January 6, 2020}}</ref> In addition to the residential, parks and other community allotments, the CLSP also designated land usage near to Stanford Crossing for what became the Lathrop Generations Center and Lathrop High School.<ref>{{Cite web |title=Central Lathrop |url=https://www.ci.lathrop.ca.us/city-manager/page/central-lathrop |url-status=live |archive-url=https://web.archive.org/web/20230604190851/https://www.ci.lathrop.ca.us/city-manager/page/central-lathrop |archive-date=June 4, 2023 |access-date=February 12, 2024 |website=City of Lathrop}}</ref>
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