Devon owes its existence to one of the largest oil discoveries in the world. On 1947 February 13, the Imperial Leduc #1 well struck oil, and the new town of Devon was constructed shortly thereafter by Imperial Oil to accommodate its workers. The company was determined that the town would be well-planned, and Devon holds the distinction of being the first Canadian community to be approved by a Regional Planning Commission. The oil industry remains a major player in the town's business sector, though the economy has diversified to include tourism, manufacturing, and research. Devon is named after the Devonian formation (the strata tapped in the Leduc #1 oil well), which in turn is named for Devon county, England.

Devon is amply served by schools, community services such as the Devon General Hospital, and recreational facilities. It is only ten minutes away from the Edmonton International Airport, and is close to major rail routes and highways. It is located close to a motor sports park, a bird sanctuary, a botanical garden (the Devonian Gardens), and a number of other attractions to residents and visitors. Devon and area is popular with cyclists, as it has a good network of paved country roads, as well as unpaved mountain bike trails, and has hosted high level cycling events such as Canada's 2010 National Road Championships.

Devon Schools

1. Devon Christian School
2. Holy Spirit Catholic School
3. John Maland High School
4. Riverview Middle School
5. Robina Baker Elementary