Elko, Nevada: commercial real estate data.
Elko is a Census city of 20,696 people across 17.85 square miles of land, in Elko County. Median household income is $79,036, 62.6 percent of occupied homes are owned, and the SBA record carries 38 7(a) approvals to borrowers here worth $16.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Elko
What Elko is
- Census place typecity
- Land area17.85 sq mi
- Water area0 sq mi
- Population per square mile of land1,160
- County holding the largest share of its areaElko County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elko
How many people live in Elko
- Population20,696
- Median age33.2
- Population under 185,043
- Share under 1824.4 percent
- Population 65 and over2,564
- Share 65 and over12.4 percent
- Households7,608
- Family households4,634
- Share of households that are families60.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elko
Income and work in Elko
- Median household income$79,036
- Per capita income$37,142
- Civilian labor force10,886
- Employed10,315
- Unemployed571 plus or minus 279
- Unemployment rate5.2 percent plus or minus 2.5
- Adults 25 and over13,225
- Adults 25 and over with a high school diploma or higher85.8 percent
- Adults 25 and over with a bachelor degree or higher17.2 percent
- Adults 25 and over with a graduate degree6.2 percent plus or minus 1.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elko
Housing in Elko
- Housing units8,589
- Occupied units7,608
- Vacant units981 plus or minus 272
- Vacancy rate11.4 percent plus or minus 3.1
- Owner occupied4,759
- Renter occupied2,849
- Ownership rate62.6 percent
- Median owner-occupied home value$309,100
- Median gross rent, monthly$1,267
- Annual rent as a share of median income19.2 percent
- Single family units4,692
- Share single family54.6 percent
- Units in buildings of two or more2,338
- Share in buildings of two or more27.2 percent
- Mobile homes1,443
- Median year structure built1988
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elko
How Elko gets to work
- Workers 16 and over who commute9,986
- Commuting under 15 minutes5,501
- Share commuting under 15 minutes55.1 percent
- Commuting 30 minutes or more2,944
- Share commuting 30 minutes or more29.5 percent
- Drove alone62.5 percent
- Carpooled18.7 percent
- Public transport11.2 percent
- Walked3.4 percent plus or minus 1.4
- Worked from home3.0 percent plus or minus 1.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Elko
SBA loans in Elko (7(a))
- Approvals38
- Gross approval$16,738,700
- Average approval$440,492
- Median approval$230,300
- Ninetieth percentile approval$1,077,580
- Largest approval$2,600,000
- Jobs supported315
- Jobs per approval8.3
- Loans with a final outcome13
- Paid in full13
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more26.3 percent
- Share to franchises15.8 percent
- Distinct lenders19
- Distinct industries by NAICS32
Counted by borrower city: approvals to borrowers whose address is in Elko, in any county, FY2020 to FY2026. Only 13 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Elko
SBA loans in Elko (504)
- Approvals22
- Gross approval$14,594,000
- Average approval$663,364
- Median approval$316,500
- Largest approval$3,228,000
- Jobs supported148
- Loans with a final outcome6
- Charged off0
- Median term240 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Elko, in any county, FY2010 to FY2026. Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Elko
Flood risk in Elko
- NFIP communityCity of Elko
- NFIP community number320010
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date05/23/23
The City of Elko participates in the National Flood Insurance Program as community 320010 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Elko County, not Elko
Elko County context, not Elko figures
- Establishments in Elko County1,185
- Covered employment, Elko County22,205
- Average annual pay, Elko County$64,165
- Housing units permitted, Elko County122
Every figure in this section is published for Elko County as a whole and is not a measurement of Elko.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Elko questions, answered from the record.
How many people live in Elko, Nevada?
20,696, in 7,608 households. Elko city covers 17.85 square miles of land, which is 1,160 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Elko in?
Elko County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Elko?
$79,036. The median owner-occupied home is valued at $309,100. Median gross rent is $1,267 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Elko businesses?
38 7(a) approvals totaling $16.7 m since FY2020, across 19 lenders, median approval $230,300, plus 22 504 approvals worth $14.6 m since FY2010. These count approvals to borrowers whose address is in Elko, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Elko borrowers get paid back?
No rate is published for Elko. Only 13 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Elko in the National Flood Insurance Program?
Yes. Elko appears in the FEMA Community Status Book as Elko, city of, community 320010, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Elko figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Elko County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Elko.
Is zoning published for Elko?
No. Nothing on this page presents parcel level zoning.
Nearby