Elko, NV Metro Area is an affordable option for those looking to rent a two bedroom residence with rent averaging at $1,300 per month. The cost of living index is also low relative to the US average, coming in at 92 versus 100 respectively. The area offers a variety of job opportunities from companies such as Elko Mining Company which specializes in natural resource mining and Barrick Corporation which is a leader in the gold mining industry. Additionally, Elko Regional Airport serves over 150 weekly flights and Frontier Airline is headquartered nearby. Other businesses located in the area include M&K Truck Centers which provides sales, services, parts & rental in the transportation industry and Great Basin College which provides educational services to the community.
Elko Metro Area has an unemployment rate of 3.3%. The US average is 6.0%.
Elko Metro Area has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Elko Metro Area
- The Sales Tax Rate for Elko Metro Area is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Elko Metro Area is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elko Metro Area
- The average income of a Elko Metro Area resident is $35,986 a year. The US average is $37,638 a year.
- The Median household income of a Elko Metro Area resident is $82,199 a year. The US average is $69,021 a year.