[6] Lying along the Little Beaver Creek, the village is located 25 miles (40 km) southwest of Youngstown.

[8] Initially known for its iron and whiskey production, New Lisbon became an economic hub of many sorts into the Industrial Revolution, and one of the largest towns on the Sandy and Beaver Canal.

[10] Lisbon has the distinction of being the northernmost western town involved in military actions during the American Civil War.

It and the later Pittsburgh, Marion & Chicago Railway helped bring industry to the area, including the porcelain manufacturing R. Thomas and Sons Company.

[13][14] In 1899, Jacob L. Beilhart founded the Spirit Fruit Society, an intentional community to practice his newly developed beliefs, in Lisbon.

[15] Its goal was to "teach mankind how to apply the truths taught by Jesus Christ," which included a rejection of jealousy and materialism.

[15] However, views against marriage and promoting free love were not accepted well in Lisbon, and the group left for Chicago in late 1904.

[15][17][16] Lisbon became a qualified Tree City USA as recognized by the National Arbor Day Foundation in 1981.

[19] The following highways pass through Lisbon: According to the United States Census Bureau, the village has a total area of 1.69 square miles (4.38 km2), all land.

[23] The Dulci-More Festival, a music festival dedicated to the Appalachian dulcimer and other traditional musical instruments, formerly took place over Memorial Day weekend at Camp McKinley, a Boy Scout camp near Lisbon from 1995 to 2019.

The building site on Lincoln Way and a $10,000 grant were donated by Virginia Lepper in memory of her late husband.

[26][27] The Columbiana County Career and Technical Center is immediately south of city limits.

Lisbon is home to the Morning Journal, a local newspaper serving Columbiana County.