Ely, NV Economy


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Ely, NV is a small town in Nevada that has a population of 4,255. The rent for a two bed room apartment in Ely is $1,110 which is significantly less than the national average of $1,430. Groceries are also more affordable in Ely with a grocery cost index of 91 compared to 100 in the US. There are several local businesses in the area that include Nevada Northern Railway Museum, Great Basin National Park and Crystal Peak Park. Other establishments include the Ely Times newspaper, R&R Auto Sales and Repair, White Pine Sinfonietta Symphony Orchestra and Neveda HATS Horsemanship Center.

Ely has an unemployment rate of 3.7%. The US average is 6.0%.

Ely has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.

Tax Rates for Ely
- The Sales Tax Rate for Ely is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Ely is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ely
- The average income of a Ely resident is $28,621 a year. The US average is $28,555 a year.
- The Median household income of a Ely resident is $64,347 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEly, NevadaUnited States
  3.76
  -3.3%-6.2%
  20.9%33.5%
  7.7%6.2%
  0.0%4.6%
  $32,053$37,638
  $64,347$69,021
  $76,827$85,028
  Population by Occupation
  0.6%1.2%
  12.9%0.5%
  4.7%6.8%
  2.7%10.0%
  2.7%2.5%
  8.0%11.0%
  6.4%4.8%
  5.4%0.8%
  0.0%1.9%
  0.0%4.7%
  1.0%1.9%
  3.1%7.6%
  0.5%0.1%
  2.3%4.2%
  2.8%9.3%
  9.1%14.0%
  4.5%2.1%
  14.8%7.0%
  5.1%4.8%
  13.3%4.7%
Reviews for Ely
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This place is wonderful for Outdoor activities! It is a safe, comfortable, affordable place to live! A great place to raise children!  More

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Over 3 years ago

We are just passing through town - all I can say is that this city is 180 degrees opposite from San Francisco, CA where I live - very liberal SF, very conservative Ely,  More

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Ely is not a bad place to live, but I would let people do their own homework on where they wish to live. Some suggestions I recommend is, looking at the age of home they  More

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