Dallas has the 9th largest population in the United States. The population grew by 8.5% from 2010 to 2015, which was faster than the national average. Unemployment in the Dallas area is 3.5%, which is lower than the national average, and is getting better. Dallas has the 4th largest local economy in the US, and a low cost of living. The average pay for jobs in Dallas is below average at $50,480, and the median cost of a home in Dallas is $130,900, which is below the national average. 29% of workers in Dallas hold a bachelors degree or higher (above average), and 74% of workers have a high school degree (above average). Driving to work is especially common in Dallas. 79% of Dallas workers drive to work alone, 2% take public transit, 10% carpool, and 7% walk. People in Dallas spend an average of 25 minutes commuting to work, which is shorter than the national average of 26 minutes.