70 / 100

Elko County, NV

RANK #293 / 996 NAT  ·  POP 53,600

1YR FORECAST: +1.7%

5YR OUTLOOK: +29%

#20 Highest GDP Growth
Our model projects above-average housing market growth for Elko County at +1.7% over the next year.

[01] Why Elko County?

Elko County, Nevada, is a vast expanse in the northeastern part of the state, known for its dramatic Ruby Mountains, often called the "Alps of Nevada." These glacially carved peaks offer year-round outdoor recreation, including hiking to alpine lakes, fishing in numerous streams and reservoirs, and winter sports like snowmobiling and cross-country skiing. The county seat, Elko, is approximately 240 miles west of Salt Lake City and 300 miles east of Reno, with Interstate 80 providing a direct route. The community maintains a distinct Western heritage, evident in events like the National Cowboy Poetry Gathering.

Life in Elko County offers a blend of small-town atmosphere and access to outdoor activities. The Elko County School District serves nearly 10,000 students across 22 schools. Public transportation, known as GET My Ride, operates in Elko, Spring Creek, and other communities, offering demand-response services. The economy is largely driven by the gold mining industry, with major companies having a presence in the region. Beyond mining, the county has seen recent investment in technology sectors, including data storage facilities. Ranching and tourism also contribute to the local economy.

[02] Market Snapshot

Housing Ratio
4.9x

Above national median (4.7x)

GDP Growth
+9.9%

Well above national median

Home Prices
+1.2%

Below national median

Climate & Terrain
2.0

Moderate climate & terrain

Price/Rent
14x

Above national median (13x)

Housing is fairly valued at 4.9x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Peppermill (West Wendover) Hospitality
    2,500+
  2. 2
    Elko County School District Education
    1,000+
  3. 3
    Barrick Gold Corporation Energy
  4. 4
    Newmont Mining Energy
  5. 5
    Cactus Petes Resort Casino Hospitality
    500+
  6. 6
    Montego Bay Casino & Resort Hospitality
  7. 7
    Wendover Nugget Hotel & Casino Hospitality
    250+
  8. 8
    Great Basin College Education
  9. 9
    Elko County Government
  10. 10
    Red Lion Hotel-Casino Elko Plc Hospitality

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Elko County U.S. National

The Numbers

DEMOGRAPHICS
Population
53,600
+0.34% YoY
Median Household Income
$87,755
Median Home Value
$274,200
+1.16% 12mo
Median Rent
$1,077
Average Annual Pay
$64,165
+1.5% YoY
Employment
22,205
-0.9% YoY
Income-to-Home-Value
0.32
More affordable than average
Migration Inflow
2.91%
of pop. from another state
Bachelor's Degree+
17.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$390,950
Days on Market
72
Slower market
Months of Supply
3.1
Balanced market
Sale-to-List Ratio
97.8%
Negotiation room for buyers
Sold Above List
18.4%
Listings w/ Price Drops
17.6%
Building Permits (2024)
122
Single-Family Permits
122

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.5
per 100K · nat avg 6.3
Firearm Fatalities
34.2
per 100K · nat avg 14.8
Injury Deaths
105.9
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
37.0
Good
Good Air Days
84%
921 of 1,094 days
Unhealthy+ Days (3yr)
12
Sensitive groups affected
Primary Pollutant
PM10
Coarse particulate matter
Yearly Trend
2021
42
2022
38
2023
31
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$600M
TOTAL
PROJECT AMOUNT STATUS
BluSky Wells Data Center
BluSky AI
$500M Planned
Amazon Delivery Station
Amazon
$50M Planned
New Residential Construction (Multiple Developments)
Various (e.g., Koinonia Construction Inc., Beck Built Homes)
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +9.9% 98 percentile
Population Growth +0.3% 44 percentile
Income Growth +6.4% 11 percentile
Vacancy Rate 1.9% 10 percentile
Home Price Change +1.2% 48 percentile
Rent Growth +11.2% 98 percentile
Price/Rent 14x 42 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Elko County, NV a good place to move to?

With a Boom Town Index score of 70/100, Elko County sits in the upper half of all 996 ranked counties. and median household income stands at $87,755 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in NV.

Is Elko County affordable?

Housing in Elko County is roughly in line with national affordability norms. The median home costs $274,200 and the income-to-home-value ratio sits at 0.32, with rents averaging $1,077/month. Not a bargain, but not a stretch for most local earners either.

Is Elko County growing or shrinking?

Population and employment in Elko County are both close to flat — population +0.3% YoY and jobs -0.9%. Home values shifted +1.2% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Elko County?

There's a moderate stream of newcomers. About 2.91% of residents moved from another state, which is above average and suggests Elko County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Lyon County, NV 75 Washoe County, NV 47 Nye County, NV 44 Carson City, NV 15 Clark County, NV 12 Chisago County, MN 70 Garfield County, CO 70 Rutherford County, NC 70