Rapid City has the 361st largest population in the United States. The population grew by 7.4% from 2010 to 2015, which was faster than the national average. Unemployment in the Rapid City area is 2%, which is lower than the national average, and is getting better. Rapid City has the 264th largest local economy in the US, and a low cost of living. The average pay for jobs in Rapid City is below average at $39,000, and the median cost of a home in Rapid City is $153,900, which is below the national average. 29% of workers in Rapid City hold a bachelors degree or higher (above average), and 91% of workers have a high school degree (above average). Driving to work is especially common in Rapid City. 82% of Rapid City workers drive to work alone, 0% take public transit, 10% carpool, and 7% walk. People in Rapid City spend an average of 15 minutes commuting to work, which is shorter than the national average of 26 minutes.