Reading has the 277th largest population in the United States. The population shrank by 0.2% from 2010 to 2015, which was slower than the national average. Unemployment in the Reading area is 5%, which is higher than the national average, and is getting better. Reading has the 135th largest local economy in the US, and a low cost of living. The average pay for jobs in Reading is below average at $43,760, and the median cost of a home in Reading is $67,500, which is below the national average. 8% of workers in Reading hold a bachelors degree or higher (above average), and 63% of workers have a high school degree (above average). Driving to work is especially common in Reading. 78% of Reading workers drive to work alone, 2% take public transit, 9% carpool, and 9% walk. People in Reading spend an average of 24 minutes commuting to work, which is shorter than the national average of 26 minutes.