Tallangatta has two histories. A 100 years to 1950 and 60 years hence. Tallangatta was one of the first high profile communities that were affected by the Snowy Mountains Developments. To the credit to those that managed the transition there is to this day evidence of the past.
Tallangatta was officially founded in the 1870s, the Post Office opening on 15 May 1871.
A considerable amount of mining occurred in the late 19th and early 20th century, though, unlike other nearby towns, little evidence for this remains. While initially profitable, the mining generally ended because the deeper reefs contained not only gold but other metals, and mining technology at the time was not advanced enough to cope with these and extract the gold profitably.
A considerable number of residents now commute to the nearby major cities; understandably for these people, the beauty and recreation offered by the lake compensates for the half-hour drive to the larger centre.