Editing Monmouth County, New Jersey (section)

==Economy==
The [[Bureau of Economic Analysis]] calculated that the county's [[gross domestic product]] was $34.2&nbsp;billion in 2021, which was ranked ninth in the state and was a 6.1% increase from the prior year.<ref>[https://www.bea.gov/sites/default/files/2022-12/lagdp1222.pdf Gross Domestic Product by County, 2021], [[Bureau of Economic Analysis]], released December 8, 2022. Accessed July 17, 2023.</ref>

===Housing expense===
[[File:2020 Pres Monmouth County Municipalities.svg|thumb]]
In 2015, the county had a [[Per capita personal income in the United States|per capita personal income]] of $69,410, the fifth-highest in New Jersey and ranked 74th of 3,113 counties in the United States.<ref>[lwd.dol.state.nj.us/labor/lpa/industry/incpov/highcnty.xls 250 Highest Per Capita Personal Incomes available for 3113 counties in the United States: 2015], [[New Jersey Department of Labor and Workforce Development]]. Accessed October 24, 2017.</ref><ref>[https://www.bea.gov/newsreleases/regional/lapi/2016/pdf/lapi1116.pdf Local Area Personal Income: 2015] {{webarchive|url=https://web.archive.org/web/20171015182249/https://www.bea.gov/newsreleases/regional/lapi/2016/pdf/lapi1116.pdf |date=October 15, 2017 }}, [[Bureau of Economic Analysis]]. Accessed October 24, 2017.</ref> Monmouth County ranked 38th among the [[highest-income counties in the United States]] as of 2011, placing it among the top 1.2% of counties by wealth.<ref>Staff. [https://www.washingtonpost.com/wp-srv/special/local/highest-income-counties/ "Highest income counties in 2011"] {{webarchive|url=https://web.archive.org/web/20150202153627/http://www.washingtonpost.com/wp-srv/special/local/highest-income-counties/ |date=February 2, 2015 }}, ''[[The Washington Post]]'', September 19, 2012. Accessed October 31, 2012.</ref> As of 2009, it was ranked 56th in the United States by personal per-capita income.<ref>[https://www.bea.gov/regional/reis/pcpihigh.cfm 250 Highest Per Capita Personal Incomes of the 3113 Counties in the United States, 2009] {{webarchive|url=https://web.archive.org/web/20171120124229/https://www.bea.gov/regional/reis/pcpihigh.cfm |date=November 20, 2017 }}, [[Bureau of Economic Analysis]]. Accessed April 9, 2012.</ref>

===Gentrification===
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 | caption3 = '''Tri-City region''' of urban centers in Monmouth County; [[Red Bank, New Jersey|Red Bank]], [[Long Branch, New Jersey|Long Branch]], and [[Asbury Park, New Jersey|Asbury Park]] respectively<ref>[http://www.trinews.com/ Home Page], ''triCityNews''. Accessed March 18, 2022.</ref>
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[[Hurricane Sandy]] in 2012 devastated much of the northern part of the [[Jersey Shore]], particularly in Monmouth County. This necessitated the demolition and rebuilding of entire neighborhoods.  Some were rebuilt to a higher economic level; this process of [[gentrification|climate gentrification]] is rapidly escalating property values and transforming many communities along the Shore.  Many houses have become [[holiday cottage|vacation homes]] for the [[Wall Street|New York financial community]], akin to shoreline communities on [[Long Island]] like the [[North Shore (Long Island)|Gold Coast]] and [[The Hamptons]].<ref name="MonmouthCountyJerseyShoreGentrification">{{cite news|url=https://www.nytimes.com/2017/06/16/realestate/hurricane-sandy-rebuilding-jersey-shore-towns.html?mcubz=3|title=Not Your Mother's Jersey Shore|author=Jill P. Capuzzo|newspaper=The New York Times|date=June 16, 2017|accessdate=September 25, 2021|quote=Five years after Hurricane Sandy destroyed communities along the shore, some towns have used the rebuilding process as a time to reinvent themselves.}}</ref>

===Telecommunications and high technology===
The [[Bell Labs Holmdel Complex]] has been the site of many [[innovation]]s in telecommunications and is experiencing a [[renaissance]] as a [[business incubator]] for [[high-tech]] [[startup company|startup companies]].<ref>{{cite web|url=http://www.northjersey.com/news/former-n-j-bell-labs-site-seeks-to-inspire-new-inventors-1.1641139|title=Former N.J. Bell Labs site seeks to inspire new inventors|author=Shawn Marsh|publisher=North Jersey Media Group|date=August 7, 2016|access-date=August 22, 2016}}</ref> Today [[Verizon Wireless]], [[AT&T Communications]], [[Vonage]], [[Avaya]], and [[Bell Labs]] are located in the region.

===Commerce===
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 | caption1  = Wealthy home that was under construction in [[Marlboro Township, New Jersey|Marlboro Township]], pictured Late 2005
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 | caption2  = Bell Labs [[water tower]] in [[Holmdel Township, New Jersey|Holmdel Township]] was designed to resemble a [[transistor]], an important invention
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 | caption3  = [[Freehold Raceway Mall]], a super-regional shopping mall, located in [[Freehold Township, New Jersey|Freehold Township]]
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 | caption4  = [[Pier Village]], a [[Victorian architecture|Victorian]]-inspired mixed-use [[lifestyle center]], located in [[Long Branch, New Jersey|Long Branch]] along the [[Atlantic Ocean]]
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The county has been a commercial hub for the state and the larger [[northeastern United States]] for years. This is due to the county's location on the [[Jersey Shore]], which attracts residents from [[North Jersey|North]] and [[South Jersey]], along with the nearby states of [[New York (state)|New York]], [[Pennsylvania]], [[Connecticut]], [[Delaware]], and [[Maryland]] during the summer months. The region also boasts year-round attractions, such as [[hayrides]], [[wine tasting]], and [[apple picking]] during the autumn months. The county also features five major shopping malls:

*[[Freehold Raceway Mall]]
*[[Monmouth Mall]]
*[[Pier Village]]
*[[The Grove at Shrewsbury]]
*[[Jersey Shore Premium Outlets]]