Centennial has the 203rd largest population in the United States. The population grew by 8.5% from 2010 to 2015, which was faster than the national average. Centennial is part of the Denver metro area. Unemployment in the Denver area is 3%, which is lower than the national average, and is getting better. Denver has the 18th largest local economy in the US, and a high cost of living. The average pay for jobs in Centennial is above average at $54,450, and the median cost of a home in Centennial is $296,800, which is above the national average. 54% of workers in Centennial hold a bachelors degree or higher (above average), and 97% of workers have a high school degree (above average). Driving to work is especially common in Centennial. 78% of Centennial workers drive to work alone, 4% take public transit, 8% carpool, and 8% walk. People in Centennial spend an average of 25 minutes commuting to work, which is shorter than the national average of 26 minutes.