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Plaster Rock was incorporated as the Village of Plaster Rock on November 9, 1966. The first Mayor of Plaster Rock was Don Gerrish followed by Maurice Dionne, Laura R. Reynolds, Graham Eagles, Gary Broad and presently, Robin DeMerchant.On March 7, 1874 records show that Messro Brimmer had been peddling liquor on the Tobique River and supplying jug taverns. During that winter, they were convicted for selling, contrary to the law, and find $20 and cost. In 1904 there was telephone communication from Plaster Rock to Nictau.Wooden sidewalks were built in 1913 and concrete sidewalks took their place on Main Street in 1955.In 1918, Frasers bought the Arbuckle Mill site and built a shingle mill. This site had previously been used to crush the plaster hauled from town. It has been said that as many as 50 men worked there at one time.

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Plaster Rock's first settlers were Hezekiah Day and his two brothers, who arrived in 1881. Plaster Rock was incorporated as the Village of Plaster Rock on November 9, 1966. Hezekiah Day gave Plaster Rock its name based on the hill on the other side of the Tobique River – the rock is made up of gypsum, or plaster.