Stores, hotels and tanneries were constructed and in March 1857, a village plot named Port Elgin was laid out.

The enterprise of its businessmen, notably Henry Hilker, Samuel Bricker and John Stafford, contributed to the development of the settlement, which had a population of over 600 by 1867.

The arrival of the Wellington, Grey and Bruce Railway in 1872 further stimulated the growth of the community and it was incorporated as a Village in 1874 with a population of about 950.

[13] The Government of Ontario also erected another historic plaque in Port Elgin, titled The "Nodwell" Indian Village Site.

Subsequent archaeological examinations have uncovered a mid-14th century village, consisting of twelve longhouses, from 42 to 139 feet in length, protected by a double palisade.

A large number of artifacts have been retrieved from this site including fragments of pottery cooking vessels, smoking pipes, arrow heads, adzes, awls and netting needles."

[15] In addition to serving the many farmers in the area, the original economic development of Port Elgin during the 19th century was based on its harbour facilities on Lake Huron constructed in 1857–1858.

More recently, tourism and the nearby Bruce Nuclear Generating Station, which is a major employer of the workforce living in Saugeen Shores, have dominated the local economy.

The nuclear station in nearby Tiverton, Ontario started a $13 billion refurbishment program in 2016 which will provide employment for many residents and maintain demand for other services.

There is a common urban legend in Port Elgin that National Geographic selected the town as having the world's best sunsets.

[21] Cottage Life magazine also rates Port Elgin highly in its article 10 spectacular places to watch a sunset in Ontario.

"With clear skies, a dry atmosphere, and an unobstructed view of the skyline, many of the west-facing towns along the shores of Lake Huron have the perfect conditions for a breathtaking sunset.

Pumpkinfest offers many activities for children, such as a junior fire fighter obstacle course, the kiddie carnival, and amusement rides.

[25] MacGregor Point Provincial Park is an all-season destination for camping, hiking, swimming, wildlife and bird watching.

[28] [29] The trailhead can be accessed at River Street in Port Elgin, a few blocks north of the town centre and east of Hwy 21.

Relevant providers include Home and Community Support Services Grey Bruce, two assisted living residences, the Hampton Court Retirement Lodge (Southampton) and Kingsway Arms at Elgin Lodge (Port Elgin) and Southampton Care Centre long term care home.

[33] As well, the Saugeen Shores Chamber of Commerce webpage offers a full listing of seniors' leisure groups and clubs.