2025 Compare Cities Economy:
Wallace, ID vs Elko, NV

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Highlights
- Household income in Elko, is 73% more than it is in Wallace and is 14% above the National Average.
- Wallace unemployment rate is 7.4%.
- Elko unemployment rate is 3.3%.
 Wallace, IDElko, NVUnited States
 Unemployment Rate  Unlock3.3%6.0%
 Recent Job Growth  Unlock0.4%1.6%
 Future Job Growth20.1%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$27,081  Unlock$37,638
 Household Income  Unlock$80,148$69,021
 Family Median Income$75,476  Unlock$85,028
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 Est. Households By Income
 Wallace, IDElko, NVUnited States
 Income Less Than 15K  Unlock10.0%9.4%
 Income between 15K and 20K7.0%  Unlock3.8%
 Income between 20K and 30K  Unlock7.8%8.1%
 Income between 30K and 40K16.2%  Unlock8.0%
 Income between 40K and 50K  Unlock5.8%7.6%
 Income between 50K and 60K6.6%  Unlock7.2%
 Income between 60K and 75K  Unlock7.6%9.6%
 Income between 75K and 100K19.5%  Unlock12.8%
 Income between 100K and 150K  Unlock23.1%16.3%
 Income between 150K and 200K2.4%  Unlock7.8%
 Income greater than 200K  Unlock6.8%9.5%
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 Population By Occupation
 Wallace, IDElko, NVUnited States
 Management, business, finance15.9%  Unlock16.4%
 Engineering, computers, science  Unlock9.5%6.5%
 Community, social services3.4%  Unlock1.8%
 Legal  Unlock0.2%1.2%
 Education, library9.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.2%2.0%
 Healthcare practitioners and technology3.6%  Unlock6.2%
 Healthcare support  Unlock0.7%3.3%
 Firefighters, law enforcement1.6%  Unlock2.1%
 Food preparation, serving  Unlock8.0%5.4%
 Building maintenance7.2%  Unlock3.6%
 Personal care  Unlock2.8%2.6%
 Sales, office, administrative support23.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.9%0.6%
 Construction, extraction, maintenance/repair12.1%  Unlock8.1%
 Production, transportation, material moving  Unlock12.7%13.1%
Reviews for Wallace    3 Reviews

Over 15 years ago

Great small town. Historic and beautiful and wedged between mountains and green trees. Great little commercial district that includes the famous Red Light Garage and  More

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Over 16 years ago

We have a an annual retreat in Wallace each year. Always a great time. Very unpretentious and extremely affordable. With out doubt the best snow we've experienced. The  More

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Over 19 years ago

Wallace was the stand-in for the mythical town of Dante's Peak in the Pierce Brosnan film of the same name, about a Pacific Northwest town obliterated by a volcanic  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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