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Eveleth is considered a Small Town with a population of 3,622 and 565 businesses. 3 in 2018 were added to the Eveleth Chamber of Commerce business directory which was less than 2017 which had 5.

The economy of Eveleth employs 2,206 people and has an unemployment rate of 8.5%. Some of the largest industries in Eveleth are Professional Services (104),Restaurants (17), and Builders & Contractors (14).
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