Elko County, NV
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 41.14, -115.35.
Assembled 2026-10-19. Read the brief.
- 82nd pct · 523rd of 3,063 US counties · median $230,451
- 53rd pct · 8th of 16 Nevada counties · median $363,639
- 43rd pct · 1,734th of 3,062 US counties · median +2.9%
- 60th pct · 7th of 16 Nevada counties · median +1.6%
- 65th pct · 474th of 1,358 US counties · median $1,506
- 28th pct · 6th of 8 Nevada counties · median $1,900
- 73rd pct · 862nd of 3,221 US counties · median 8,232
- 75th pct · 5th of 17 Nevada counties · median 9,161
- 87th pct · 396th of 3,221 US counties · median $1,039
- 31st pct · 12th of 17 Nevada counties · median $1,424
- 70th pct · 918th of 3,063 US counties · median 4.2
- 53rd pct · 8th of 16 Nevada counties · median 5.1
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $372,095 (Sep 2026), +2.3% over one year, +20.0% over five
- 82nd pct · 523rd of 3,063 US counties · median $230,451
- 53rd pct · 8th of 16 Nevada counties · median $363,639
| Item | Value | Distance |
|---|---|---|
| Elko County, NV | $372,095 · +2.3% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Typical rent $1,698/mo (Sep 2026), +6.7% over one year; price-to-rent 18.3
- 65th pct · 474th of 1,358 US counties · median $1,506
- 28th pct · 6th of 8 Nevada counties · median $1,900
| Item | Value | Distance |
|---|---|---|
| Elko County, NV | $1,698/mo · +6.7% 1-yr |
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $2,061 a month on $372,095 at 7.40%, against an average weekly wage worth $5,859 a month: 35.2% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $372,095 × 80% = $297,676, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $2,061/mo principal and interest
- wage share = payment / (avg weekly wage $1,352 × 52 / 12 = $5,859) = 35% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $372,095 / ($1,352 × 52) = 5.3
- price-to-rent = $372,095 / ($1,698 × 12) = 18.3
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
22,330 jobs at 1,478 employers (2026 Q1); +1.8% jobs and +5.5% average weekly wage over the year
- 73rd pct · 862nd of 3,221 US counties · median 8,232
- 75th pct · 5th of 17 Nevada counties · median 9,161
| Item | Value | Distance |
|---|---|---|
| Elko County, NV | 22,330 jobs · $1,352/wk · +1.8% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Accommodation and food services | 4,683 | $710 | 2.33 | -0.8% |
| Retail trade | 2,686 | $791 | 1.23 | +2.5% |
| Health care and social assistance | 1,840 | $1,140 | 0.55 | +0.0% |
| Mining, oil and gas | 1,815 | $2,141 | 22.83 | +12.1% |
| Construction | 1,655 | $1,561 | 1.41 | +0.0% |
| Wholesale trade | 1,413 | $2,180 | 1.65 | +2.4% |
| Professional and technical services | 802 | $1,446 | 0.52 | +4.4% |
| Other services | 647 | $1,268 | 0.97 | -4.3% |
| Transportation and warehousing | 541 | $1,768 | 0.57 | -13.9% |
| Administrative and waste services | 476 | $996 | 0.38 | +0.2% |
| Arts, entertainment and recreation | 457 | $667 | 1.24 | +4.3% |
| Management of companies | 276 | $10,595 | 0.74 | -0.4% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
D3 extreme drought
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
Surface water layer not loaded
Sites found: 0, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
Surface water layer not loaded
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
high (0.75)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.75 / 0.35
Banks & federal dollars #
$860.0 m in deposits at 8 offices of 5 banks (SOD June 2026); HHI 2,511, highly concentrated. $319.5 m federal obligations in FY2026 (direct payments $234.9 m, grants $67.8 m), $14,310 per covered job
| Item | Value | Distance |
|---|---|---|
| Zions Bancorporation, N.A. | $288.4 m · 33.5% share · 4 offices | |
| Wells Fargo Bank, National Association | $263.0 m · 30.6% share · 1 office | |
| U.S. Bank National Association | $135.0 m · 15.7% share · 1 office | |
| Elko, NV | $319.5 m FY2026 · $14,310/job | |
| MULTIPLE RECIPIENTS | $214.5 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Zions Bancorporation, N.A. | $288,401,000 | 33.5% | 4 |
| Wells Fargo Bank, National Association | $262,981,000 | 30.6% | 1 |
| U.S. Bank National Association | $134,980,000 | 15.7% | 1 |
| WaFd Bank | $93,825,000 | 10.9% | 1 |
| Nevada Bank and Trust Company | $79,795,000 | 9.3% | 1 |
Deposit concentration is 2,511 across 5 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 5 banks with deposits in the county = 33.5² + 30.6² + 15.7² + … (2 more) = 2,511
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Social Security Administration | $184,880,999 |
| Department of Transportation | $57,720,241 |
| Department of Veterans Affairs | $26,108,952 |
| Department of the Interior | $13,799,877 |
| Department of Agriculture | $9,575,108 |
| Department of Education | $6,744,382 |
| Department of Housing and Urban Development | $5,564,801 |
| Railroad Retirement Board | $4,541,420 |
| Federal Communications Commission | $4,217,170 |
| Department of Health and Human Services | $4,187,782 |
| Department of Defense | $1,330,757 |
| Environmental Protection Agency | $811,000 |
That is $14,310 per covered job, against 22,330 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $319.5 m / 22,330 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $14,310
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 17.95 | 2026-10-18 | -2.6% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.20 | 2026-10-19 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 7.00 | 2026-10-13 | +133.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 7,848.00 | 2026-09-01 | +14.9% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 101.91 | 2026-10-14 | +1.0% |
| 30-year fixed mortgage rate · % | 7.40 | 2026-10-15 | +0.0% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 652,115.00 | 2026-09-01 | +0.7% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Elko County, NV: 10 findings, 3 at a watch level and 7 noted
watchElko County, NV's average weekly wage of $1,352 scores 88 on the 0-to-100 scale across US counties but 31 across Nevada counties, a gap of 56 points.
Period 2026 Q1.Show the arithmetic
- 56 = |88 across US counties - 31 across Nevada counties|
position among the entities that published this metric this period; not an official level
watchElko County, NV's price-to-rent ratio of 18.3 scores 61 on the 0-to-100 scale across US counties but 14 across Nevada counties, a gap of 47 points.
Period 2026-09.Show the arithmetic
- 47 = |61 across US counties - 14 across Nevada counties|
- typical home value / (typical rent × 12); Zillow ZHVI over ZORI, same month
position among the entities that published this metric this period; not an official level
watchElko County, NV's typical asking rent of $1,698 scores 65 on the 0-to-100 scale across US counties but 29 across Nevada counties, a gap of 37 points.
Period 2026-09.Show the arithmetic
- 37 = |65 across US counties - 29 across Nevada counties|
position among the entities that published this metric this period; not an official level
noteElko County, NV's average weekly wage was 5.5% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +5.5 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteElko County, NV's covered employment was 1.8% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +1.8 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
Read all 10 findings in the full brief
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.