Lathrop, CA

Very High · 176

California · Population 32,696 · Updated March 2026

$2,367
Median Rent / Month
$118,605
Median Income
$605,000
Median Home Value
$2,404
Owner Costs / Month

Affordability

How far your income goes in Lathrop

23.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in California

State-level tax rates that affect your costs

13.3%
Income Tax (Top Rate)
7.25%
Sales Tax
0.71%
Property Tax Rate

Estimated Annual Costs

$28,404
Annual Rent
$15,774
State Income Tax
$4,296
Property Tax (est.)

Cost of Living Overview

Lathrop has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 176 (where 100 equals the national median), Lathrop residents can expect to pay median rent of $2,367/month while earning a median household income of $118,605/year.

The median home value in Lathrop, CA is $605,000, with typical monthly owner costs around $2,404 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

California's top income tax rate of 13.3% is among the highest in the nation, adding to the overall cost burden. Combined with a 7.25% sales tax rate and 0.71% effective property tax rate, the overall tax environment is a factor in the total cost of living in Lathrop.

Frequently Asked Questions

Common questions about living costs in Lathrop

What is the cost of living in Lathrop, CA?
The cost of living index in Lathrop, CA is 176 (US average = 100). Median monthly rent is $2,367, median household income is $118,605/year, and the median home value is $605,000.
Is Lathrop, CA affordable?
No, Lathrop is more expensive than the national average with a cost index of 176. The rent-to-income ratio is 23.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Lathrop, CA?
The median gross rent in Lathrop, CA is $2,367 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $28,404.
What is the median household income in Lathrop?
The median household income in Lathrop, CA is $118,605 per year. This compares to the national median of approximately $80,000.
What are the taxes like in California?
California has a top income tax rate of 13.3%, a sales tax of 7.25%, and an effective property tax rate of 0.71%.