Takoma Park has the 1699th largest population in the United States. The population grew by 6.0% from 2010 to 2015, which was faster than the national average. Takoma Park is part of the Washington DC metro area. Unemployment in the Washington DC area is 3%, which is lower than the national average, and is getting better. Washington DC has the 6th largest local economy in the US, and a high cost of living. The average pay for jobs in Takoma Park is above average at $66,790, and the median cost of a home in Takoma Park is $475,800, which is above the national average. 52% of workers in Takoma Park hold a bachelors degree or higher (above average), and 89% of workers have a high school degree (above average). Driving to work is especially common in Takoma Park. 65% of Takoma Park workers drive to work alone, 15% take public transit, 9% carpool, and 8% walk. People in Takoma Park spend an average of 37 minutes commuting to work, which is longer than the national average of 26 minutes.