Strategically located at the joining of the Hudson and Hoosac Rivers, Stillwater was the site of the Battles of Saratoga in 1777, which took place in the northern part of the town and led to the defeat of the British during the Revolutionary War. Stillwater became an official town on March 7, 1788, and the village was later incorporated in 1816. During the 19th century, the opening of the canals along the Hudson River spurred industry in the community. The town was also an educational center, with Stillwater Academy that flourished for many years. By the 20th century, Stillwater residents became more mobile, finding work outside town, and the mills and factories began to close. Today Stillwater is known as a bedroom community with a bright future.