Living in Siler City, North Carolina
Cost of living, income, home prices, rent and demographics of Siler City · Census data 2020–2024
Siler City has 7,995 residents with a median age of 35.6. The median household income is $46,566 (36% lower than the North Carolina median), the median home value is $154,600, the median rent is $1,000/month.
Siler City at a glance
- Population
- 7,995
- Median age
- 35.6State: 39.1
- Median household income
- $46,566State: $72,388
- Median home value
- $154,600State: $288,900
- Median rent
- $1,000/moState: $1,228
- Homeowners
- 56%
- Bachelor's degree or higher
- 16.8%
- Average commute
- 21 min
Is Siler City a good place to live?
Pros: Home values 46% lower than the state median; an average commute of 21 minutes; unemployment of 4.7%.
Cons: Median household income 36% lower than the North Carolina median; a poverty rate of 33.9%.
The weather is best in April–May and September–October.
Cost of living in Siler City
Housing is the biggest part of the cost of living. In Siler City the median home value is $154,600, 54% lower than the U.S. median. Renters pay a median of $1,000 per month, which is 29.3% of household income. Homeowners with a mortgage pay $1,273 a month in housing costs.
Siler City median household income
The median household income in Siler City is $46,566 and the income per person is $25,668. 33.9% of residents live below the poverty line (North Carolina: 13%).
Housing in Siler City: homes for sale and rent
- Housing units
- 3,309
- Owner-occupied
- 56%
- Renter-occupied
- 44%
- Vacant
- 8.5%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.57
Siler City demographics
- Population
- 7,995
- Median age
- 35.6
- Under 18
- 26.7%
- 65 and older
- 11.2%
- Households
- 3,027
- Foreign-born
- 30.2%
- Veterans
- 2.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Siler City ›
Education in Siler City
16.8% of adults 25 and older in Siler City have a bachelor's degree or higher (North Carolina: 35.7%), and 5.9% have a graduate or professional degree.
Jobs and commute in Siler City
- Unemployment rate
- 4.7%State: 4.7%
- Average commute
- 21 minState: 25 min
- Work from home
- 3.7%
- Drive alone
- 79.7%
- Public transit
- 0%
- Walk to work
- 4.1%
- Homes with broadband
- 85.4%
Siler City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Siler City | 7,995 | $46,566 | $154,600 | $1,000 |
| Staley | 456 | $80,250 | $132,500 | $869 |
| Liberty | 2,682 | $39,663 | $194,500 | $742 |
| Ramseur | 2,150 | $35,923 | $155,300 | $683 |
| Goldston | 379 | $39,538 | $190,700 | $938 |
| Franklinville | 1,131 | $52,805 | $123,600 | $944 |
| Pittsboro | 4,752 | $81,639 | $376,300 | $1,211 |
| Saxapahaw | 1,301 | $59,000 | $194,000 | $753 |
| Asheboro | 27,580 | $47,197 | $188,100 | $906 |
More for people moving to Siler City
Siler City ZIP code ›Weather and climate ›Living in Siler City: FAQ
What is the median household income in Siler City, NC?
The median household income in Siler City is $46,566, 36% lower than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Siler City?
The median home value in Siler City is $154,600, compared with $288,900 in North Carolina.
How much is rent in Siler City?
The median gross rent in Siler City is $1,000 per month, about 29.3% of household income.
Is Siler City, NC a good place to live?
Pluses: home values 46% lower than the state median; an average commute of 21 minutes; unemployment of 4.7%. Minuses: median household income 36% lower than the North Carolina median; a poverty rate of 33.9%.
What is the median age in Siler City?
The median age in Siler City is 35.6 years (North Carolina: 39.1).
How long is the commute in Siler City?
The average commute to work in Siler City is 21 minutes; 3.7% of workers work from home.
What is the unemployment rate in Siler City?
The unemployment rate in Siler City is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Siler City?
16.8% of adults in Siler City have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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