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Theodore is considered a Small Town with a population of 6,536 and 2,419 businesses. 20 in 2018 were added to the Theodore Chamber of Commerce business directory which was more than 2017 which had 13.
The economy of Theodore employs 3,745 people and has an unemployment rate of 8.4%. Some of the largest industries in Theodore are Professional Services (208),Builders & Contractors (95), and Entertainment Agencies & Bureaus (63).