CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Mutual Funds Taxes Ask the Expert Money 101 Autos Loan Center Best Places to Live Ask the Expert Millionaires in the Making Ultimate Guide to Retirement Retirement Calculators Best Funds Ask the Mole Best Places to Retire Personal Tech Big Tech Blog Techland Blog Sectors and Stocks Fortune 500 Techs Tech Talk 100 Best Places to Launch Ultimate Resource Guide Small Biz Makeovers FSB 100 Ask & Answer Fortune 500 Technology Investing Management Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
16 of 100
BACK NEXT
16. Novato, Calif.
Population: 48,410
Pro: Educated workforce
Con: Competitive labor market

The northernmost city in Marin County, Novato is about 29 miles north of San Francisco and 20 miles from the wine regions of Napa and Sonoma. Still, it's one of the most affordable towns in the Bay Area, with a median home price of $625,500. Birkenstock Footprint Sandals call Novato home, and many software and telecommunications companies are based here. In recent years, the local economy has generated numerous small,knowledge-based startups oriented toward global markets.

As city officials seek out ways to provide more available commercial space, the Novato Independent Business Alliance has rallied to support local businesses and to discourage an influx of big-box retailers.

As the fastest growing community in Marin County, Novato enjoys a healthy influx of new potential workers. The city recently revitalized its 10-block stretch of downtown, making way for additional mixed-use space and attracting new retailers. -Kelsey Abbott

Interactive map: Novato, Calif.
Homes for sale Find homes for sale in Novato, Calif.


NEXT: 17. Santa Fe

Last updated July 02 2008: 11:16 AM ET
More Galleries
Luxury at home These handcrafted home furnishings and leatherwear from small companies have one-of-a-kind allure. More
Wanted: Your holiday dollars These indie retailers face a make-or-break holiday season as they try to attract buyers worried about their wallets. More
Mountain-tested gizmos Black Diamond Equipment, a brand leader in climbing and backcountry skiing gear, is preparing to double revenues in the next five years. Check out three new products that will help the company reach its goal. More

Special Offer
© 2008 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2008 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.