Portland has the 26th largest population in the United States. The population grew by 8.3% from 2010 to 2015, which was faster than the national average. Unemployment in the Portland area is 4%, which is lower than the national average, and is getting better. Portland has the 20th largest local economy in the US, and a high cost of living. The average pay for jobs in Portland is above average at $52,140, and the median cost of a home in Portland is $285,300, which is above the national average. 44% of workers in Portland 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 Portland. 61% of Portland workers drive to work alone, 10% take public transit, 9% carpool, and 18% walk. People in Portland spend an average of 24 minutes commuting to work, which is shorter than the national average of 26 minutes.