Siler City has the 2806th largest population in the United States. The population grew by 6.5% from 2010 to 2015, which was faster than the national average. Siler City is part of the Raleigh metro area. Unemployment in the Raleigh area is 4%, which is lower than the national average, and is getting better. Raleigh has the 44th largest local economy in the US, and a low cost of living. The average pay for jobs in Siler City is below average at $48,590, and the median cost of a home in Siler City is $100,700, which is below the national average. 14% of workers in Siler City hold a bachelors degree or higher (above average), and 67% of workers have a high school degree (above average). Driving to work is especially common in Siler City. 76% of Siler City workers drive to work alone, 0% take public transit, 11% carpool, and 11% walk. People in Siler City spend an average of 27 minutes commuting to work, which is longer than the national average of 26 minutes.