Barnstaple in the 16th and 17th centuries greatly benefited the town. The wealthy merchants that this trade created built impressive town houses, some of which survive behind more recent frontages—they include No. 62 Boutport Street, said to have one of the best plaster ceilings in Devon. The merchants also built several almshouses including Penrose's, and ensured their legacy by dedicating elaborate monuments to their families inside the church. By the 18th century, Barnstaple had ceased to be a woollen manufacturing town, which was replaced by Irish wool and yarn, for which it was the main landing place; the raw materials were
Barnstaple it developed other industries, such as shipbuilding, foundries and sawmills. Its Victorian market survives, with its high glass and timber roof on iron columns. Barnstaple railway station is the terminus of a branch line from Exeter, known as the Tarka Line. Since 1974, Barnstaple has been a civil parish governed by town council. The parish itself had a population of 24,033 and including the satellite settlements known as the Barnstaple Town Area, it is 53,514. The old spelling Barnstable is now obsolete, but is retained by an American county and town and is still sometimes used for Bideford or Barnstable