Elko County, Nevada Income Statistics
Elko County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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B
Elko County Around averageWealthiest county in Nevada
Source: Map AI Methodology
Income Statistics Overview
| Metric | Elko County | Nevada Avg | US Average |
|---|---|---|---|
| Median Household Income | $85,196 | $78,637 | $80,455 |
| Median Personal Income | $62,767 | $54,226 | $60,758 |
| Average Yearly Income Growth | 1.7% | 4.9% | 4.8% |
| Six-Figure Earners | 13.8% | 11.7% | 13.9% |
| $200k+ Households | 9.1% | 10.9% | 13.2% |
The median household income in Elko County is about 8% higher than in Nevada. Income has been growing slower in Elko County (1.7%/yr) than in Nevada (4.9%/yr).
About 14% of adults in Elko County earn six figures ($100,000 or more) a year, higher than the Nevada average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Elko County, Nevada grew by 35.2% from 2009 to 2024, reaching $85,196 in 2024. That's an average of about 1.7% per year.
Income Inequality and the Gender Pay Gap in Elko County
| Metric | Elko County | Nevada Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.542 | 0.546 | 0.552 |
| Male Median Income | $77,030 | $62,240 | $69,667 |
| Female Median Income | $45,556 | $52,310 | $56,850 |
| Gender Pay Gap | 40.9% | 16.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Elko County, it is 0.542, about the same as Nevada's 0.546, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 69% more than women's income in Elko County, Nevada. Over a 35-year career, a 69% wage gap accumulates to roughly $1,101,590 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Elko County, Nevada has widened from about 40% to 41% in 2024. Over that period the gap was widest at 46% in 2014, and was narrowest at 37% in 2021. In dollar terms, the gap has widened by $9,188 since 2009.
Sharply against the trend: the pay gap in Elko County widened by 0.6 points while Nevada's narrowed by 5.2 points.
Employment
| Metric | Elko County | Nevada Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.5% | 6.9% | 5.2% |
| Working from Home | 5.3% | 11.9% | 15.0% |
| Commute time (minutes) | 17 | 22 | 22 |
Approximately 1,251 people are unemployed in Elko County, Nevada.
The average commute time in Elko County is 17 minutes, shorter than the 22 minutes in Nevada.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Elko County, Nevada has fallen from 4.8% to 4.5% in 2024. Over that period the rate peaked at 5.7% in 2013 and fell as low as 4.2% in 2023.
Elko County, NV Wealth Compared With Nearby Counties
Elko County, NV is the 2nd largest of the 6 counties compared here, 54,047 residents against a local median of 12,503. Where Elko County, NV breaks from the counties next to it is income growth, sitting 67% below the local median of 5.2%/yr at 1.7%/yr. That is the weaker end of the local range on this measure.
Unemployment tells the same story from another angle: 4.5% against a local median of 3.0%, 48% above it. The picture is mixed rather than uniform: median household income runs ahead of the neighbourhood while income growth runs behind it, so Elko County, NV is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 9.5%/yr on income growth, so Elko County, NV sits at one end of an already wide local range rather than apart from it. Elko County, NV has the 5th highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Elko County, NV | 54,047 | $85,196 #1/6 | 1.7%/yr #5/6 | 4.5% #6/6 | 0.542 #3/6 |
| Twin Falls County, ID | 89,838 | $68,126 | 5.2%/yr | 3.0% | 0.529 |
| Eureka County, NV | 1,585 | $70,672 | -0.6%/yr | 1.0% | 0.614 |
| Owyhee County, ID | 12,503 | $68,581 | 8.9%/yr | 2.0% | 0.522 |
| White Pine County, NV | 8,735 | $69,471 | 2.4%/yr | 4.0% | 0.573 |
| Jerome County, ID | 25,173 | $71,652 | 6.2%/yr | 3.6% | 0.545 |
Conclusion
Considering all these factors, Elko County, Nevada has an overall wealth index grade of B, making it somewhat better than Nevada, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Elko County, Nevada.
How Wealthy Is Elko County, Nevada?
Elko County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $85,196, about 8% higher than the Nevada average of $78,637.
How has median household income changed in Elko County, Nevada?
Between 2009 and 2024, the median household income in Elko County, Nevada rose 35%, from $63,008 to $85,196. Over the same years, income here lagged behind Nevada as a whole: +35% against +41%.
What was the median household income in Elko County in 2023?
In 2023, the median household income in Elko County, Nevada was $83,823, down 5% from $88,650 in 2022. The Nevada median that year was $75,604.
What was the median household income in Elko County in 2020?
In 2020, the median household income in Elko County, Nevada was $80,481. By 2024 it had risen 6% to $85,196.
Is unemployment high in Elko County, Nevada?
Unemployment in Elko County, Nevada is only 4.5%, well below the Nevada rate of 6.9%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Elko County, Nevada?
The Gini coefficient in Elko County is 0.542. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Elko County, Nevada?
Since 2009, the income gap between men and women in Elko County, Nevada has widened from about 40% to 41% in 2024. Over that period the gap was widest at 46% in 2014, and was narrowest at 37% in 2021. In dollar terms, the gap has widened by $9,188 since 2009.
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