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Ignacio is considered a Small Town with a population of 730 and 506 businesses. 0 in 2018 were added to the Ignacio Chamber of Commerce business directory which was less than 2017 which had 1.

The economy of Ignacio employs 501 people and has an unemployment rate of 6.4%. Some of the largest industries in Ignacio are Indian Reservations & Tribes (65),Professional Services (53), and Government Offices Indian (47).

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