Grand Island has the 583rd largest population in the United States. The population grew by 5.7% from 2010 to 2015, which was faster than the national average. Unemployment in the Grand Island area is 3%, which is lower than the national average, and is getting better. Grand Island has the 342nd largest local economy in the US, and a low cost of living. The average pay for jobs in Grand Island is below average at $37,470, and the median cost of a home in Grand Island is $113,500, which is below the national average. 17% of workers in Grand Island 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 Grand Island. 81% of Grand Island workers drive to work alone, 1% take public transit, 12% carpool, and 5% walk. People in Grand Island spend an average of 15 minutes commuting to work, which is shorter than the national average of 26 minutes.