Houston has the 4th largest population in the United States. The population grew by 8.9% from 2010 to 2015, which was faster than the national average. Unemployment in the Houston area is 4%, which is higher than the national average, and is getting worse. Houston has the 5th largest local economy in the US, and a low cost of living. The average pay for jobs in Houston is below average at $51,830, and the median cost of a home in Houston is $125,400, which is below the national average. 29% of workers in Houston hold a bachelors degree or higher (above average), and 75% of workers have a high school degree (above average). Driving to work is especially common in Houston. 78% of Houston workers drive to work alone, 2% take public transit, 11% carpool, and 6% walk. People in Houston spend an average of 26 minutes commuting to work, which is shorter than the national average of 26 minutes.