Its foundations dates back to the early 9th century, and its name actually means "place of walls", due to ruins of supposedly Roman origin found there. Currently, Mauerstetten has about 2,800 inhabitants living in the four parts of the community: Mauerstetten itself, Steinholz, Hausen and Frankenried. Agriculture still plays a large role in the village, but some modest industry is to be found there as well.
The village has a primary school, a kindergarten, two banks (Sparkasse and RaiBa), a small grocery store, a bakery, and a small post office. In the center of Mauerstetten stands the church St. Vitus.