Living in Elko, Nevada
Cost of living, income, home prices, rent and demographics of Elko · Census data 2020–2024
Elko has 20,696 residents with a median age of 33.2. The median household income is $79,036 (about the same as the Nevada median), the median home value is $309,100, the median rent is $1,267/month.
Elko at a glance
- Population
- 20,696
- Median age
- 33.2State: 39.1
- Median household income
- $79,036State: $78,260
- Median home value
- $309,100State: $435,400
- Median rent
- $1,267/moState: $1,597
- Homeowners
- 62.6%
- Bachelor's degree or higher
- 17.2%
- Average commute
- 27 min
Is Elko a good place to live?
Pros: Median household income about the same as the Nevada median; home values 29% lower than the state median; unemployment of 5.2%.
Cons: An average commute of 27 minutes; a poverty rate of 13.8%.
The weather is best in May–June and August–September.
Cost of living in Elko
Housing is the biggest part of the cost of living. In Elko the median home value is $309,100, 7% lower than the U.S. median. Renters pay a median of $1,267 per month, which is 23% of household income. Homeowners with a mortgage pay $1,817 a month in housing costs.
Elko median household income
The median household income in Elko is $79,036 and the income per person is $37,142. 13.8% of residents live below the poverty line (Nevada: 12.4%).
Housing in Elko: homes for sale and rent
- Housing units
- 8,589
- Owner-occupied
- 62.6%
- Renter-occupied
- 37.4%
- Vacant
- 11.4%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.66
Elko demographics
- Population
- 20,696
- Median age
- 33.2
- Under 18
- 24.4%
- 65 and older
- 12.4%
- Households
- 7,608
- Foreign-born
- 8.2%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Elko ›
Education in Elko
17.2% of adults 25 and older in Elko have a bachelor's degree or higher (Nevada: 27.9%), and 6.2% have a graduate or professional degree.
Jobs and commute in Elko
- Unemployment rate
- 5.2%State: 7%
- Average commute
- 27 minState: 25 min
- Work from home
- 3%
- Drive alone
- 62.5%
- Public transit
- 11.2%
- Walk to work
- 3.4%
- Homes with broadband
- 90.8%
Elko vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elko | 20,696 | $79,036 | $309,100 | $1,267 |
| Osino | 1,341 | $92,756 | $106,300 | — |
| Spring Creek | 14,739 | $105,154 | $360,600 | $1,386 |
| Carlin | 2,088 | $60,898 | $179,700 | $1,197 |
| Wells | 1,352 | $107,454 | $205,300 | $976 |
More for people moving to Elko
Weather and climate ›Living in Elko: FAQ
What is the median household income in Elko, NV?
The median household income in Elko is $79,036, about the same as the Nevada median of $78,260 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Elko?
The median home value in Elko is $309,100, compared with $435,400 in Nevada.
How much is rent in Elko?
The median gross rent in Elko is $1,267 per month, about 23% of household income.
Is Elko, NV a good place to live?
Pluses: median household income about the same as the Nevada median; home values 29% lower than the state median; unemployment of 5.2%. Minuses: an average commute of 27 minutes; a poverty rate of 13.8%.
What is the median age in Elko?
The median age in Elko is 33.2 years (Nevada: 39.1).
How long is the commute in Elko?
The average commute to work in Elko is 27 minutes; 3% of workers work from home.
What is the unemployment rate in Elko?
The unemployment rate in Elko is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elko?
17.2% of adults in Elko have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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