Ipswich has a diverse economic base that includes manufacturing, retail, service, and natural resource industries such as shell fishing (Ipswich is the state’s largest producer of soft-shell clams) and farming.
This diversity is an important part of the Town’s character and self-image: Ipswich is not just a bedroom community but also a place where people grow crops, make products, practice a wide variety of professions, and come to shop and relax. Over the past two decades, Ipswich’s economy has exhibited considerable strength and resilience, and its job growth has been impressive, in large part due to the arrival and subsequent expansion of two major businesses, EBSCO, Inc. and New England Biolabs.
Ipswich’s economic development goals, as described in the 2003 Ipswich Community Development Plan, the Downtown Retail Assessment (2014), and the Ipswich Economic Development Strategy (2015), favor continued job growth as well as the expansion of the business tax base, but not at the expense of our natural resources and community character. Accordingly, the Town’s economic development efforts focus not only on attracting appropriate business development, but also on making sure that this development is compatible with these important Town values. This means making the best possible use of existing business areas as well as undeveloped land zoned currently for economic development, rather than re-zoning additional land for business use. It also means using creative regulatory approaches to support commercial development at appropriate locations within residentially zoned areas.