Orem has the 245th largest population in the United States. The population grew by 6.9% from 2010 to 2015, which was faster than the national average. Orem is part of the Provo metro area. Unemployment in the Provo area is 3%, which is lower than the national average, and is getting worse. Provo has the 120th largest local economy in the US, and a high cost of living. The average pay for jobs in Orem is below average at $42,470, and the median cost of a home in Orem is $202,000, which is above the national average. 35% of workers in Orem hold a bachelors degree or higher (above average), and 92% of workers have a high school degree (above average). Driving to work is especially common in Orem. 73% of Orem workers drive to work alone, 1% take public transit, 12% carpool, and 12% walk. People in Orem spend an average of 17 minutes commuting to work, which is shorter than the national average of 26 minutes.