Following the demise of the Corn Market a host of rural and light industries developed including silk throwing, paint manufacture, banana ripening, barley breeding, greeting card production, gloving, shoe making, and packaging. Many of these have now, in turn, gone but the town has maintained its links as a military centre, particularly with regard to the Warminster Training Centre (formerly the School of Infantry) and ABRO (formerly the Reme Workshops). Many men who saw military service here have since returned to make their homes in Warminster.

Warminster today is a residential area with a population of approximately 20,000, many of whom work outside the town which has remained relatively unspoilt. A bypass has taken much of the traffic out of the main streets and the old charm has been kept by the protection of many local buildings. The architecture, based on local rubble stone, Chilmark and Bath stone, and brick and tiles from nearby Crockerton, reflect the days when Warminster was a busy coaching centre. Among the surviving buildings are the Anchor and Bath Arms inns and the Old Bell hotel.

Within easy distance of the town centre is the open countryside featuring not only the hills to the north but the valley of the river Wylye to the south and west. The countryside immediately to the south has been officially designated an area of outstanding natural beauty. The many open spaces provide excellent opportunities for cyclists, ramblers, horseriders and hang-gliders.