Providence has the 110th largest population in the United States. The population grew by 0.7% from 2010 to 2015, which was faster than the national average. Unemployment in the Providence area is 5.0%, which is higher than the national average, and is getting better. Providence has the 41st largest local economy in the US, and a high cost of living. The average pay for jobs in Providence is below average at $49,890, and the median cost of a home in Providence is $186,000, which is above the national average. 28% of workers in Providence hold a bachelors degree or higher (above average), and 72% of workers have a high school degree (above average). Driving to work is especially common in Providence. 76% of Providence workers drive to work alone, 4% take public transit, 9% carpool, and 9% walk. People in Providence spend an average of 21 minutes commuting to work, which is shorter than the national average of 26 minutes.