Elko County, Nevada
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Elko County Compares
Detailed Income Statistics
Income Advisory: Elko County
Income Verdict
Elko County has a median household income of $83,427 and per capita income of $39,474 — a gap of $43,953, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $1,126/month and a median household income of $83,427, rent consumes approximately 16.2% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $83,427 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $39,474 is in line with national norms for individual earners.
Neighbor Context
Elko County earns approximately 10.9% above the Nevada state median household income of $75,206, positioning it favorably within the state.
Data Story
About Household Income in Elko County, Nevada
Elko County Exceeds U.S. Income Average
Elko County's median household income of $83,427 surpasses the national median of $74,755 by over $8,600, placing it well above the U.S. midpoint. The county outpaces Nevada's state average of $75,206 by $8,221, reflecting strong mining, energy, and agricultural sector wages.
Nevada's Second-Highest Income County
Elko County ranks second only to Douglas County ($88,018) in Nevada's income hierarchy, driven by mining operations, energy production, and ranching employment. The county's $83,427 median household income is significantly higher than mid-tier counties like Clark ($73,845) and Churchill ($73,268).
Economic Strength in Nevada's Northeast
Elko County's $83,427 income substantially exceeds Eureka County ($73,095) and Humboldt County ($79,946), establishing it as the economic leader of northeastern Nevada. The county's extractive industries generate higher wage floors than counties dependent on tourism or government employment.
Lowest Rent Burden in the State
Elko County boasts Nevada's lowest rent-to-income ratio at just 16.2%, meaning households spend only about one-sixth of income on rent, far below the 30% affordability threshold. Combined with the state's lowest median home value of $282,400, Elko offers exceptional housing affordability relative to median income.
Maximize Housing Advantage for Savings
Elko County's combination of high income and low housing costs creates an ideal environment for rapid wealth accumulation and financial independence. Channel savings from below-average housing costs into retirement accounts, education funds, and investment portfolios to compound your earning advantage over decades.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $83,427 per year
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($6,952) vs. median rent ($1,126/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.