The North Central Texas population grew an eye-poping 35% between 2000 and 2014 and is projected to reach 10 million by 2040, overtaking Chicago as the nation's third largest metro area. Per capital income soared by 46% during the same period. DFW consistently ranks as one of the top destinations for corporate relocations because of its central location, expansive transportation inftrastructure, low tax rate, and business-friendly regulatory climate. Other trends driving this super-charged growth are the diversity and strength of the economy and the relatively low cost of living, especially in housing.