El Segundo has the 1744th largest population in the United States. The population grew by 2.3% from 2010 to 2015, which was faster than the national average. El Segundo is part of the Los Angeles metro area. Unemployment in the Los Angeles area is 4%, which is lower than the national average, and is getting better. Los Angeles has the 2nd largest local economy in the US, and a high cost of living. The average pay for jobs in El Segundo is above average at $53,870, and the median cost of a home in El Segundo is $762,000, which is above the national average. 45% of workers in El Segundo hold a bachelors degree or higher (above average), and 95% of workers have a high school degree (above average). Driving to work is especially common in El Segundo. 72% of El Segundo workers drive to work alone, 7% take public transit, 10% carpool, and 9% walk. People in El Segundo spend an average of 22 minutes commuting to work, which is shorter than the national average of 26 minutes.