Elko County

Overview

With a population of more than 50,000, Elko County, located in the northeastern corner of Nevada, is a growing area with a high quality of life. It contains the cities of Carlin, Elko, Wells, and West Wendover as well as the unincorporated towns of Jackpot, Montello, and Mountain City. The area has a very strong sense of community and the citizens enjoy a satisfying four season climate, moderate cost of living, 120 acres of public parks, quality education and health care, and strong economic growth.

Elko

Elko is located on the Humboldt River in the west central part of Elko County. Elko is the largest urban area and center of commerce and government in northeastern and north central Nevada. Elko was listed in the 1993 book, The 100 Best Small Towns in America by Norman Crampton. The annual Cowboy Poetry Gathering draws in crowds from across the region. The town serves as the county seat for Elko County, the sixth largest county in the country. Elko is approximately halfway between Reno/Sparks (295 miles to the west) and Salt Lake City (237 miles eastward).Boise, Idaho is 246 miles north on State Route 223. The city encompasses a 10.6-square-mile area.

Carlin

Carlin is 271 miles east of Reno/Carson City, 24 miles west of Elko and 261 west of Salt Lake City. Its location off I-80 makes it a natural stopping point for motorists. Few places are as rich in the past and present of railroading as Carlin.

Wells

Wells is located 345 miles east of Reno/Sparks, 50 miles east of Elko and 187 miles west of Salt Lake City, withan elevation of 5,622 feet.

West Wendover

West Wendover is 120 miles west of Salt Lake City, 404 miles east of Reno/Sparks and 400 miles north of Las Vegas.

Business Advantages

The incentives of doing business in Nevada are expansive. Nevada boasts one of the most liberal tax structures in the nation and from a tax-planning perspective, the return on investment in the form of tax saving dollars can be enormous.

  • Minimum State Requirements for Rural Areas
  • Minimum State Requirements for Expansions
  • Minimum State Requirements for Rural Recycling and Intellectual Property

Taxes

Sales Tax Rate

In Elko County, the sales tax rate is 6.850.

Property Tax Rate

In Elko County, the 2009-10 average county wide tax rate is 2.9780.

Calculating Real Property Taxes

The formula for calculating real property tax is as follows:

  • Taxable Value x .35 = Assessed Value
  • Assessed Value x Tax Rate = Total Real Property Tax

For more information, please see How Property Taxes are Calculated.

Calculating Personal Property Taxes

Using the Cost Conversion Factor tables in the Personal Property Manual, use the following formula to calculate the assessed value.

The assessed value is the value on which taxes are calculated.

  • Actual Cost x Cost Index (for appropriate year) = Cost of Replacement
  • Cost of Replacement x Percent Good = Taxable Value
  • Taxable Value x .35 = Assessed Value
  • Assessed Value x Tax Rate = Total Personal Property Tax

Demographics

Population

Year Population
2008 50,561
2007 50,434
2006 48,339
2005 47,586
2004 46,499

Source: Nevada State Demographer

Population within the Cities of Elko County

City Year Population City Year Population
Carlin 2008 2,322 Elko 2008 18,424
2007 2,295 2007 18,427
2006 2,281 2006 18,183
2005 2,261 2005 17,850
2004 2,240 2004 17,140
City Year Population City Year Population
Wells 2008 1,524 West Wendover 2008 4,990
2007 1,508 2007 4,958
2006 1,449 2006 4,871
2005 1,423 2005 4,848
2004 1,406 2004 4,830

Source: State of Nevada Demographer

Gender Composition

Year Est Population Male Female
# % # %
2008 47,785 24,624 51.5 23,161 48.5
2007 44,417 22,880 51.5 21,537 48.5
2006 44,462 22,978 51.7 21,484 48.3
2005 43,415 22,526 51.9 20,889 48.1

Source: Applied Geographic Solutions

Labor

Employment

Year Labor Force Employment Unemployment Unemployment 
Rate (Local)
2009 27,030 25,907 1,807 6.4
2008 28,288 27,113 1,175 4.1
2007 25,959 25,010 949 3.7
2006 24,409 23,448 921 3.7
2005 22,911 22,004 907 4.0

Source: Nevada Department of Employment, Training and Rehabilitation (DETR)