2025 Compare Cities Economy:
Lake Forest, CA vs Elko, NV

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Highlights
- Household income in Elko, is 32% less than it is in Lake Forest and is 14% above the National Average.
- Lake Forest unemployment rate is 5.6%.
- Elko unemployment rate is 3.3%.
 Lake Forest, CAElko, NVUnited States
 Unemployment Rate  Unlock3.3%6.0%
 Recent Job Growth  Unlock0.4%1.6%
 Future Job Growth34.8%  Unlock33.5%
 Sales Taxes7.8%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$51,276  Unlock$37,638
 Household Income  Unlock$80,148$69,021
 Family Median Income$137,776  Unlock$85,028
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 Est. Households By Income
 Lake Forest, CAElko, NVUnited States
 Income Less Than 15K  Unlock10.0%9.4%
 Income between 15K and 20K1.4%  Unlock3.8%
 Income between 20K and 30K  Unlock7.8%8.1%
 Income between 30K and 40K5.2%  Unlock8.0%
 Income between 40K and 50K  Unlock5.8%7.6%
 Income between 50K and 60K5.4%  Unlock7.2%
 Income between 60K and 75K  Unlock7.6%9.6%
 Income between 75K and 100K12.5%  Unlock12.8%
 Income between 100K and 150K  Unlock23.1%16.3%
 Income between 150K and 200K15.2%  Unlock7.8%
 Income greater than 200K  Unlock6.8%9.5%
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 Population By Occupation
 Lake Forest, CAElko, NVUnited States
 Management, business, finance25.6%  Unlock16.4%
 Engineering, computers, science  Unlock9.5%6.5%
 Community, social services1.6%  Unlock1.8%
 Legal  Unlock0.2%1.2%
 Education, library5.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.2%2.0%
 Healthcare practitioners and technology4.4%  Unlock6.2%
 Healthcare support  Unlock0.7%3.3%
 Firefighters, law enforcement1.3%  Unlock2.1%
 Food preparation, serving  Unlock8.0%5.4%
 Building maintenance2.5%  Unlock3.6%
 Personal care  Unlock2.8%2.6%
 Sales, office, administrative support20.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.9%0.6%
 Construction, extraction, maintenance/repair4.3%  Unlock8.1%
 Production, transportation, material moving  Unlock12.7%13.1%
Reviews for Lake Forest    16 Reviews

I've lived in Lake Forest for over a decade, before that elsewhere in OC and also up in LA. Lake Forest isn't perfect but it's really improved over the past decade,  More

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As a retired senior who has lived in Lake Forest (formerly El Toro) since 1977 I think LF is a great place if you can afford it. When we moved here in June '77 homes  More

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I’ve lived here for 2 years. Ok, it’s more like a 4 but there are so many idiots downplaying what it’s like here and giving Lake Forest ones and twos. There are a lot of  More

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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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