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Eaton is home to the Preble County Fairgrounds, which hosts the annual Preble County Fair in July. The fairgrounds also host a number of other events throughout the year, including flea markets and concerts. History [ edit ] The area that would become Eaton was first settled by European Americans around 1810. It was incorporated as a village in 1831, and reincorporated as a city on March 1, 1880. It became county seat when Preble County formed from parts of Darke and Shelby counties on February 10, 1840.:1:5 The town's name honors John H. Eaton (1790–1856), who served as U.