Chicago has the 3rd largest population in the United States. The population grew by 0.9% from 2010 to 2015, which was faster than the national average. Unemployment in the Chicago area is 5%, which is higher than the national average, and is getting better. Chicago has the 3rd largest local economy in the US, and a high cost of living. The average pay for jobs in Chicago is above average at $52,480, and the median cost of a home in Chicago is $225,700, which is above the national average. 34% of workers in Chicago hold a bachelors degree or higher (above average), and 81% of workers have a high school degree (above average). Driving to work is especially common in Chicago. 62% of Chicago workers drive to work alone, 17% take public transit, 9% carpool, and 10% walk. People in Chicago spend an average of 33 minutes commuting to work, which is longer than the national average of 26 minutes.