Newark has the 667th largest population in the United States. The population grew by 6.5% from 2010 to 2015, which was faster than the national average. Newark is part of the San Francisco metro area. Unemployment in the San Francisco area is 3%, which is lower than the national average, and is getting better. San Francisco has the 7th largest local economy in the US, and a high cost of living. The average pay for jobs in Newark is above average at $72,740, and the median cost of a home in Newark is $455,500, which is above the national average. 28% of workers in Newark hold a bachelors degree or higher (above average), and 88% of workers have a high school degree (above average). Driving to work is especially common in Newark. 65% of Newark workers drive to work alone, 12% take public transit, 10% carpool, and 12% walk. People in Newark spend an average of 27 minutes commuting to work, which is longer than the national average of 26 minutes.