A ten acre site where Kratz Elementary is currently located was acquired in 1951 for $100. The elementary school was built in 1953 thanks to a bond issue and was named for Charles C. Kratz, a member of the Board of Education from 1934-1950. The school opened in 1954.
Kratz has had 10 principals since its opening. Edward Myers, the first principal and John Antonio each served 13 years. Dorlita Adams is the current principal.