The municipality also contained the villages Lützelmurg, Zielwies, Ifwil and Lochwies.
[1] Balterswil was owned in the Late Middle Ages by the Lords of Bichelsee.
In 1521, certain farm land usage rights were extended to Ifwil, followed in 1651 by limited civil benefits to existing farmsteads.
The major sources of income were vineyards, fields and orchards, and peat extraction until the 19th century, when the livestock industry moved into the village.
1950), a storage facilities company (with a total of about 250 employees), and numerous residential buildings in the village.