The town celebrates its railroad heritage each year with "Alberton's Railroad Day", which is always held the third Saturday in July.  July 18, 2015 marked the 30th anniversary of this community event. There is a home-town parade, petting zoo, railroad car tour, wool spinning circle, western melodrama, family games like "Hunt for the Golden Spike", and great music from local artists. Vendors show case their artistic talents using local rocks, minerals, and other wildcrafting materials.

On April 11, 1996, a Montana Rail Link train carrying chlorine derailed near Alberton. Three hundred fifty people were injured by chlorine inhalation. One thousand people were evacuated from Alberton and Frenchtown. Interstate 90 was shut down for nineteen days. The incident has been described as "the largest chemical spill from a train in United States history."

Alberton School began as a wooden, one room school house in the early 1900's. In 1916 there was a fire that burned down the original school. In 1920 a new brick building was built, this later became the elementary school building. The brick building is part of the National Register of Historical Places. The current high school building is only 50 ft from the elementary building and is roughly octagonal in shape. Both buildings have two stories and are connected by an underground tunnel. The school's mascot is the Panthers and they have football, volleyball, boys and girls basketball and track and field on campus. The school also participates in wrestling, tennis and golf as part of cooperatives with other schools in the area. The school transferred from 8 man to 6 man football in 2010.

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