Shreveport has the 99th largest population in the United States. The population shrank by 1.6% from 2010 to 2015, which was slower than the national average. Unemployment in the Shreveport area is 6%, which is higher than the national average, and is getting better. Shreveport has the 107th largest local economy in the US, and a low cost of living. The average pay for jobs in Shreveport is below average at $37,890, and the median cost of a home in Shreveport is $125,600, which is below the national average. 25% of workers in Shreveport hold a bachelors degree or higher (above average), and 85% of workers have a high school degree (above average). Driving to work is especially common in Shreveport. 84% of Shreveport workers drive to work alone, 1% take public transit, 7% carpool, and 5% walk. People in Shreveport spend an average of 19 minutes commuting to work, which is shorter than the national average of 26 minutes.