Idaho Falls has the 481st largest population in the United States. The population grew by 4.0% from 2010 to 2015, which was faster than the national average. Unemployment in the Idaho Falls area is 2%, which is lower than the national average, and is getting better. Idaho Falls has the 276th largest local economy in the US, and a low cost of living. The average pay for jobs in Idaho Falls is below average at $42,820, and the median cost of a home in Idaho Falls is $140,000, which is below the national average. 25% of workers in Idaho Falls hold a bachelors degree or higher (above average), and 90% of workers have a high school degree (above average). Driving to work is especially common in Idaho Falls. 78% of Idaho Falls workers drive to work alone, 2% take public transit, 12% carpool, and 6% walk. People in Idaho Falls spend an average of 17 minutes commuting to work, which is shorter than the national average of 26 minutes.