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Schaefferstown is an unincorporated community and census-designated place (CDP) in Heidelberg Township, Lebanon County, Pennsylvania, United States. The population was 941 at the 2010 census.
Schaefferstown is one of the oldest towns in Lebanon County (which was formed from Lancaster County in 1813), being at least a century older than the county itself. It is the main town in Heidelberg Township. Although the exact date of the first settlers is unknown, it is certain that they settled here before 1725. Those first settlers were German Jews. Many of them were skilled craftsmen and traders. They disappeared, however, when non-Jewish German settlers started moving into the area. The old burial ground was situated about a quarter mile south of Tower Hill and almost a hundred yards east of South Market Street in Schaefferstown. The Jewish settlement was known as the Lebanon Trading Post.
Schaefferstown held a bicentennial in 1963.
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