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Freeman is considered a Small Town with a population of 1,289 and 357 businesses. 1 in 2018 were added to the Freeman Chamber of Commerce business directory which was less than 2017 which had 2.

The economy of Freeman employs 795 people and has an unemployment rate of 2.8%. Some of the largest industries in Freeman are Professional Services (29),Pumpkin Patches (18), and Beans Peas Lentils Dried (17).
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