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Richwood is considered a Small Town with a population of 3,250 and 24 businesses. 2 in 2018 were added to the Richwood Chamber of Commerce business directory which was more than 2017 which had 0.

The economy of Richwood employs 2,457 people and has an unemployment rate of 3.8%. Some of the largest industries in Richwood are Paint, Glass & Wallpaper Stores (2),Web Site Design (1), and Motels & Hotels (1).
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