South Bend has the 225th largest population in the United States. The population grew by 0.5% from 2010 to 2015, which was faster than the national average. Unemployment in the South Bend area is 4%, which is lower than the national average, and is getting better. South Bend has the 163rd largest local economy in the US, and a low cost of living. The average pay for jobs in South Bend is below average at $41,570, and the median cost of a home in South Bend is $83,100, which is below the national average. 23% of workers in South Bend hold a bachelors degree or higher (above average), and 84% of workers have a high school degree (above average). Driving to work is especially common in South Bend. 82% of South Bend workers drive to work alone, 1% take public transit, 7% carpool, and 8% walk. People in South Bend spend an average of 19 minutes commuting to work, which is shorter than the national average of 26 minutes.