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Wagener is considered a Small Town with a population of 832 and 334 businesses. 2 in 2018 were added to the Wagener Chamber of Commerce business directory which was more than 2017 which had 0.

The economy of Wagener employs 448 people and has an unemployment rate of 17.9%. Some of the largest industries in Wagener are Professional Services (33),Pumpkin Patches (21), and Restaurants (11).

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