Zip 89801 (Elko, NV) Economy


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Elko, NV 89801 is a booming small town located in Northern Nevada. The area is home to many small businesses including Elko Electric, The Western Cafe & Saloon, Silver Sage RV Park, and Iron Horse Park. Residents of Elko enjoy an affordable lifestyle with a two bedroom rent of $1,300 compared to the US average of $1,430. Grocery costs are also lower than average with a grocery cost index of 92 compared to 100 in the US. This makes living in Elko a great option for those looking for an affordable small town life.

Elko (zip 89801) has an unemployment rate of 3.3%. The US average is 6.0%.

Elko (zip 89801) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.

Tax Rates for Elko (zip 89801)
- The Sales Tax Rate for Elko (zip 89801) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Elko (zip 89801) 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 (zip 89801)
- The average income of a Elko (zip 89801) resident is $30,340 a year. The US average is $28,555 a year.
- The Median household income of a Elko (zip 89801) resident is $80,950 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElko, NevadaUnited States
  3.36
  -6.0%-6.2%
  31.6%33.5%
  7.1%6.2%
  0.0%4.6%
  $38,295$37,638
  $80,950$69,021
  $93,627$85,028
  Population by Occupation
  1.1%1.2%
  23.8%0.5%
  8.6%6.8%
  2.9%10.0%
  2.1%2.5%
  9.3%11.0%
  3.7%4.8%
  0.3%0.8%
  1.5%1.9%
  1.9%4.7%
  2.5%1.9%
  3.7%7.6%
  0.2%0.1%
  1.4%4.2%
  7.6%9.3%
  8.6%14.0%
  3.8%2.1%
  9.5%7.0%
  4.8%4.8%
  2.7%4.7%
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