Economy in Elko, Nevada
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Economy
| Unemployment Rate | 7.90% | 9.10% |
| Recent Job Growth | 1.38% | -0.12% |
| Future Job Growth | 34.86% | 31.25% |
| Sales Taxes | 6.50% | 6.80% |
| Income Taxes | 0.00% | 6.25% |
| Income per Cap. | $26,453 | $27,067 |
| Household Income | $62,358 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 9.31% | 12.10% |
| Income between 15K and 25K | 7.84% | 10.18% |
| Income between 25K and 35K | 8.98% | 10.56% |
| Income between 35K and 50K | 12.45% | 14.98% |
| Income between 50K and 75K | 22.68% | 19.53% |
| Income between 75K and 100K | 18.61% | 12.52% |
| Income between 100K and 150K | 14.34% | 12.14% |
| Income between 150K and 250K | 3.85% | 3.91% |
| Income between 250K and 500K | 1.70% | 3.34% |
| Income greater than 500K | 0.24% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.77% | 13.81% |
| Professional and Related Occupations | 16.62% | 22.68% |
| Service | 17.93% | 14.51% |
| Sales and Office | 15.58% | 25.22% |
| Farming, Fishing, and Forestry | 0.15% | 0.68% |
| Construction, Extraction, and Maintenance | 22.88% | 9.37% |
| Production, Transportation, and Material Moving | 18.48% | 15.86% |
The unemployment rate in Elko, NV, is 7.90%, with job growth of 1.38%. Future job growth over the next ten years is predicted to be 34.86%.
Elko, NV Taxes
Elko, NV,sales tax rate is 6.50%. Income tax is 0.00%.
Elko, NV Income and Salaries
The income per capita is $26,453, which includes all adults and children. The median household income is $62,358.
Elko Economy SperlingViews
Mining based economy: Elko has an economy that is fairly typical of mining areas, that is, boom and bust. I've lived here for about 16 or so years. It's boomed tremendously twice and busted... (read more)elko life: Spent my teen years in Elko & my parents still live there. It is extremely isolated. Life revolves around the mining industry. The old ranching families that live... (read more)Ct versus NV: Northeast, CT. Humid in the summer, cold and wet in the winter. Fall is nice. Very expensive with high... (read more)Have an opinion about Elko? Leave a commentTo See All SperlingViews for Elko Click Here