The subdistrict has an area of 90.13 square kilometres (34.80 sq mi) with a registered population of 46,000 (as of 2012).

[1] As the Amalgamation of Village-level Divisions (村级合并) of Wangcheng County in 2004, the division of Pingtang Town was reduced to 20 (5 communities and 15 villages) from 38 (3 communities and 35 villages).

On June 15, 2008, the town of Pingtang was transferred from Wangcheng County to Yuelu District.

The newly established Pingtang Subdistrict had two communities and 11 villages with an area of 90.13 square kilometers.

As a new round of the Amalgamation of Village-level Divisions (村级合并) in 2016, its divisions were reduced to nine from 13,[citation needed] it has two communities and seven villages under its jurisdiction, its seat is Shifengshan Village.