Novato has a steady and rising economy, largely due to the major companies and organizations located in town. The city houses the Fireman’s Fund Insurance Company, the Buck Institute for Research on Aging, and multiple biotech firms. Novato has solidified itself as a legitimate technology town in recent years. The city is home to several small tech companies like 2K Marin, Radiant Logic, Toys for Bob, and Enwisen, and Sonic Solutions.
The largest employer in town is the Fireman’s Fund Insurance, followed the Novato Unified School District and BioMarin Pharmaceuticals. The retail stores Target, Coscto, and Safeway also provide the town with a lot of jobs for its residents.