Previously called Clarksland,[5] the location is named after "Captain" T. O. Troy, president of the now-defunct Virginia Air Line Railway.[2][3] When construction on the rail line to connect Lindsay and Strathmore began in October 1906,[3] the railway stop in Clarkland consisted of little more than a shed. Around May 1908, Troy built a full rail agency station in the community to become the cornerstone of the area's prosperity. The agency shared a building with the town general store, operated by James Hasher.[2] The railroad was completed and began operating in October 1908. However, rail service was reduced to one daily train by 1927 and ended in 1954.[2] The growing adoption of automobiles and airplanes had been taking business away from railroads since the 1930s.[6] On October 26, 1971, the Fluvanna Board of Supervisors unsuccessfully sued the Chesapeake and Ohio Railway to keep the railway in operation; it was abandoned in November 1975.[3] The store was deserted, leaving the graves of the Hasher family next to it.[2]
The Troy post office serves the local ZIP Code of 22974 as well as communities in the neighboring counties of Albemarle, Louisa, and Orange.[9] The area within the Zip code (which includes the correctional center)[4] was populated by 1,530 men and 2,424 women in 2010. The median ages of the men and women were 37.2 and 36.3, respectively. The average home value was $105,000 and the average annual household income was $54,396.[1]