Future president Abraham Lincoln worked the ferry across the Ohio River at Troy with his father in his youth.

[6] The Nester House was listed on the National Register of Historic Places in 1990.

[7] According to the 2010 census, Troy has a total area of 0.32 square miles (0.83 km2), all land.

31.9% of all households were made up of individuals, and 9.8% had someone living alone who was 65 years of age or older.

There were 197 housing units at an average density of 627.4 per square mile (242.2/km2).

The racial makeup of the town was 99.23% White, 0.51% Native American, and 0.26% from two or more races.

30.2% of all households were made up of individuals, and 11.0% had someone living alone who was 65 years of age or older.

At one point the students were moved to Tell City High School.