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2024 Compare Cities Economy:
Magnolia, NJ vs Elko, NV

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Highlights
- Household income in Elko, is 19% more than it is in Magnolia and is 14% above the National Average.
- Magnolia unemployment rate is 8.0%.
- Elko unemployment rate is 3.3%.

Economy
 Magnolia, NJElko, NVUnited States
 Unemployment Rate8.0%3.3%6.0%
 Recent Job Growth0.3%0.4%1.6%
 Future Job Growth27.8%31.6%33.5%
 Sales Taxes6.6%7.1%6.2%
 Income Taxes5.5%0.0%4.6%
 Income per Cap.$32,418$36,406$37,638
 Household Income$67,161$80,148$69,021
 Family Median Income$69,706$92,009$85,028
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 Est. Households By Income
 Magnolia, NJElko, NVUnited States
 Income Less Than 15K3.4%10.0%9.4%
 Income between 15K and 20K1.2%1.6%3.8%
 Income between 20K and 30K7.6%7.8%8.1%
 Income between 30K and 40K8.3%8.7%8.0%
 Income between 40K and 50K13.1%5.8%7.6%
 Income between 50K and 60K10.9%6.4%7.2%
 Income between 60K and 75K10.2%7.6%9.6%
 Income between 75K and 100K20.5%15.0%12.8%
 Income between 100K and 150K11.6%23.1%16.3%
 Income between 150K and 200K10.2%7.2%7.8%
 Income greater than 200K3.0%6.8%9.5%
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 Population By Occupation
 Magnolia, NJElko, NVUnited States
 Management, business, finance7.9%10.0%16.4%
 Engineering, computers, science6.5%9.5%6.5%
 Community, social services0.4%2.4%1.8%
 Legal2.6%0.2%1.2%
 Education, library15.7%6.6%6.2%
 Arts, design, media, sports, entertainment0.2%0.2%2.0%
 Healthcare practitioners and technology2.8%4.2%6.2%
 Healthcare support4.5%0.7%3.3%
 Firefighters, law enforcement1.5%1.4%2.1%
 Food preparation, serving0.8%8.0%5.4%
 Building maintenance3.5%4.5%3.6%
 Personal care3.4%2.8%2.6%
 Sales, office, administrative support27.4%17.8%20.9%
 Farming, fishing, forestry0.0%0.9%0.6%
 Construction, extraction, maintenance/repair8.4%18.1%8.1%
 Production, transportation, material moving14.4%12.7%13.1%

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Reviews for Magnolia    0 Reviews

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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 15 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 16 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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ZIPS IN MAGNOLIA, NEW JERSEY
08049
ZIPS IN ELKO, NEVADA
89801

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