It's mixed. Several people ended up moving back as some of the older population died off. One new resident retired there and is running a mini-grocery store now as both a hobby and for some of the hunters that come through the town.
But the town is dying/dead. There's really only 1 major business in town and the school. It's surrounded by farm land.
In my father's day, it had everything from a hardware store, full service garage, a bowling ally, movie theater, restaurant, and dance hall. All that is gone now.
In my youth the restaurant and grocery store were still around. You had to call ahead to the restaurant as they would only open in a call ahead fashion.
I also found most US startup opportunities to be practically enabled by shitty service provided by the incumbents, whether it is the state or the banks or the healthcare system.
Take Cost Plus Drugs, for instance. Or companies enabling faster cash transfers over the internet, like Paypal. Or healthcare insurance plans from Oscar Health or prescriptions from Truepill. Or videos made by Khan Academy, which are currently in use in many schools across the US.
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