2025 Compare Cities Economy:
Elko, NV vs Parachute, CO

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Highlights
- Household income in Parachute, is 36% less than it is in Elko and is 34% below the National Average.
- Elko unemployment rate is 3.3%.
- Parachute unemployment rate is 6.0%.
 Elko, NVParachute, COUnited States
 Unemployment Rate  Unlock6.0%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth31.6%  Unlock33.5%
 Sales Taxes7.1%  Unlock6.2%
 Income Taxes  Unlock4.6%4.6%
 Income per Cap.$36,406  Unlock$37,638
 Household Income  Unlock$51,679$69,021
 Family Median Income$92,009  Unlock$85,028
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 Est. Households By Income
 Elko, NVParachute, COUnited States
 Income Less Than 15K  Unlock8.3%9.4%
 Income between 15K and 20K1.6%  Unlock3.8%
 Income between 20K and 30K  Unlock14.3%8.1%
 Income between 30K and 40K8.7%  Unlock8.0%
 Income between 40K and 50K  Unlock8.1%7.6%
 Income between 50K and 60K6.4%  Unlock7.2%
 Income between 60K and 75K  Unlock9.6%9.6%
 Income between 75K and 100K15.0%  Unlock12.8%
 Income between 100K and 150K  Unlock6.6%16.3%
 Income between 150K and 200K7.2%  Unlock7.8%
 Income greater than 200K  Unlock0.0%9.5%
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 Population By Occupation
 Elko, NVParachute, COUnited States
 Management, business, finance10.0%  Unlock16.4%
 Engineering, computers, science  Unlock1.9%6.5%
 Community, social services2.4%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library6.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.0%2.0%
 Healthcare practitioners and technology4.2%  Unlock6.2%
 Healthcare support  Unlock5.2%3.3%
 Firefighters, law enforcement1.4%  Unlock2.1%
 Food preparation, serving  Unlock8.8%5.4%
 Building maintenance4.5%  Unlock3.6%
 Personal care  Unlock1.2%2.6%
 Sales, office, administrative support17.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock2.7%0.6%
 Construction, extraction, maintenance/repair18.1%  Unlock8.1%
 Production, transportation, material moving  Unlock22.7%13.1%
Reviews for Elko    4 Reviews

Elko is like all small Nevada towns - limited in many things and the only change as far as the eye can see are over priced housing starts, drugs and crime. I really like  More

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Over 16 years ago

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  More

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Over 17 years ago

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  More

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Reviews for Parachute    2 Reviews

Over 10 years ago

The water rating is wrong. This water is not drinkable. I will not give it to my dog. I hate to think what it's doing to my skin and  More

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In my opinion, the Parachute area is not that great. There is nothing to do anywhere near here. I moved out here thinking I could just drive to Denver now and then to  More

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