Birmingham has the 88th largest population in the United States. The population grew by 0.1% from 2010 to 2015, which was faster than the national average. Unemployment in the Birmingham area is 5%, which is higher than the national average, and is getting better. Birmingham has the 50th largest local economy in the US, and a low cost of living. The average pay for jobs in Birmingham is below average at $45,590, and the median cost of a home in Birmingham is $86,100, which is below the national average. 23% of workers in Birmingham hold a bachelors degree or higher (above average), and 83% of workers have a high school degree (above average). Driving to work is especially common in Birmingham. 84% of Birmingham workers drive to work alone, 1% take public transit, 9% carpool, and 4% walk. People in Birmingham spend an average of 21 minutes commuting to work, which is shorter than the national average of 26 minutes.