The land for the townsite of Spearville was deeded by the Santa Fe to the Arkansas Valley Town Company in March 1873.

Spearville was built on an area along a section of the Santa Fe Trail called Dry Ridge.

Stafford's wife and daughters opened an eating house, mainly for the accommodation of the section hands.

The Ford County Bank was robbed of $1,697 by Doolin and two members of his gang.

One of the outlaws, Ollie (Ol) Yantis, was soon tracked down and killed by a posse.

[9] According to the United States Census Bureau, the city has a total area of 0.60 square miles (1.55 km2), all land.

[10] The climate in this area is characterized by hot, humid summers and generally mild to cool winters.

The community is served by Spearville USD 381 public school district.

Phase I of the Smoky Hills Wind Farm edged Spearville into third place in 2008.