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Colonial Heights is considered a Large Town with a population of 17,830 and 2,385 businesses. 29 in 2018 were added to the Colonial Heights Chamber of Commerce business directory which was less than 2017 which had 47.

The economy of Colonial Heights employs 10,948 people and has an unemployment rate of 10.2%. Some of the largest industries in Colonial Heights are Professional Services (110),Restaurants (108), and Entertainment Agencies & Bureaus (78).
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