Troy was first settled in the early 19th century and was named after Troy, New York where the first settlers previously resided. The city was incorporated out of Troy Township into the City of Troy in 1955. Much of the development in the city occurred between the 1960's and 1990's. There are several large corporations headquartered in Troy including Delphi, ArvinMeritor, Flagstar Bancorp, Budd Company, and Kelly Services. It was formerly the world headquarters of Kmart before it was purchased by Sears Holdings and its large headquarters complex still stands at the northwest corner of Big Beaver & Coolidge.
In 2008, Troy was ranked 22nd on a list of "Best Places to Live" in the United States by CNN Money, using criteria including housing, quality of education, economic strength, and recreational opportunities. In 2008, Troy ranked as the fourth most affordable U.S. city with a median household income of US$90,000.
Troy is located along Interstate 75 a major highway and is approximately 20 miles northwest of downtown Detroit.
The Amtrak station in Birmingham is located along the border with Troy. For ground transportation from the station you will have to arrange for a taxi as the station is unattended. Amtrak trains operate several times per day with service to and from Chicago.
Troy is located approximately 30 miles north of Detroit Metropolitan Wayne County Aiport which is a major hub for Northwest Airlines and also has international service operated by Lufthansa, KLM, Air France, and Royal Jordanian. Shuttle service to Troy is available but is expensive (roughly $30 per person) and a taxi to Troy could run as much as $60. Therefore, it may be less expensive to arrange someone to meet you at the airport, or rent a car; even if you don't intend on driving much once you are in Troy.
Public bus service is provided by SMART. Bus fares are $1.50 and there are several routes that travel to or through Troy. However, many destinations within the city are a mile or further from the closest bus route.
Parking is not difficult in Troy and in fact there are no pay lots or parking meters in the city. Every destination you would want to go to should have ample parking. Traffic can be congested in certain areas during rush hours or in shopping areas on certain weekends.
Troy is the home of the Somerset Collection , a luxury shopping mall that features one of the few Neiman Marcus, Saks Fifth Avenue, and Nordstrom stores in the region as well as a Macy's in addition to dozens of smaller specialty stores. It is located at the intersection of Big Beaver Rd. and Coolidge Highway on both the northeast and southeast corners of the intersection with an enclosed pedestrian bridge connecting the two sides of the road.
Troy features a number of mid-high end restaurants centered around the Somerset Collection. Many of these are national chains such as Capital Grille and McCormick & Schmick. More unique establishments of note include Shield's  (pizza), Picano's  (Italian), and Mon Jin Lau  (New Asian), Hour Magazine Detroit's 2008 restaurant of the year. Troy also features numerous national chain locations for casual dining, fast casual, and fast food restaurants as well as the Detroit area's regional variation on the diner, "Coney Island" restaurants.
Troy restricts its liquor licenses in a way that prevents much in the way of nightlife common in more urban cities. However, many restaurants have bars located inside and there are a number of neighborhood bars, one of the oldest being The Gathering Place  at the corner Wattles and John R Roads.
For the more adventurous beer fan, Dragonmead , one of the nation's most highly acclaimed microbreweries is located in nearby Warren and has a brewpub.
For those seeking nightlife, it is recommended you find a copy of Real Detroit Weekly  and read the ads for the promoted "parties" running that week. Tough economic times in the region have forced many nightclubs to close except for days when a promoter rents the club and promotes a "party", often at his own risk. These parties are often advertised in Real Detroit. Nightclubs that are popular and even open in the Detroit area change rapidly and a recommendation of a particular club may be irrelevant in even a few months later if the club has gone "dead" and subsequently closed or changed names.