Denver has the 20th largest population in the United States. The population grew by 13.8% from 2010 to 2015, which was faster than the national average. Unemployment in the Denver area is 3%, which is lower than the national average, and is getting better. Denver has the 18th largest local economy in the US, and a high cost of living. The average pay for jobs in Denver is above average at $54,450, and the median cost of a home in Denver is $257,500, which is above the national average. 43% of workers in Denver hold a bachelors degree or higher (above average), and 85% of workers have a high school degree (above average). Driving to work is especially common in Denver. 69% of Denver workers drive to work alone, 7% take public transit, 9% carpool, and 14% walk. People in Denver spend an average of 24 minutes commuting to work, which is shorter than the national average of 26 minutes.