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)
