Fivemiletown Creamery originally made butter and milk, but now makes cheeses for the British and Irish market, and for export across Europe and North America.

The original Irish name of the townland of Fivemiletown was Baile na Lorgan – 'townland of the long ridge' – anglicised as Ballynalurgan.

After the Second World War, the growth of road transport made railways almost redundant and when the Northern Ireland Government learned that the Clogher Valley Railway had operated as a loss for 27 years because of growing road transport, it recommended the shutting of the line.

This mountain rises to a peak of 312 metres (1,024 ft) above sea level and marks the western edge of the Clogher Valley.

Fivemiletown is classified as a village by the Northern Ireland Statistics and Research Agency (NISRA) (i.e. with population between 1,000 and 2,499 people).