Elko, NV Real Estate
According to census data in the year 2000 there were 6,960 housing units in Elko.
This represents a 19.6% growth from 5,817 in 1990.
Of those housing units, 6,609 were located in either urbanized areas or urban clusters, and 351 were located in what is classified as a rural area.
Homeownership rate in Elko is about 62.3%.
Elko's vacancy rate, including seasonal lodging, is about 10.6%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Elko were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.10% |
| One Bedroom | 16.70% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 34.50% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 6.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.98 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $126,600 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $564 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 9% |
| Home Equity Loan | 8% |
| Simple Mortgage | 59.40% |
| Debt Free | 23.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
