Round Timber was founded when a cabin was built by John W. Stevens in 1874. Colonel C.C. Millstried to settle in the area in the late 1850s or 1860s but was forced out by Native Americantribes. He then returned in 1875. It was named Round Timber, for two trees that were used to build with. It moved four miles northwest and became a local tradingcenter. Its population was 25 in 1940, 10 in 1980, eight in 1990, and only two in 2000.