If we widen our horizont over to the non english speaking area we could conclude this - there seems a multitue of reasons:
In Europe, most all Trains do have overhead lines and they range 3kV, 15kV and 25kV AC - Depends a bit when and who build it. (not counting some alpine local trains which even exist 3 phase!) . On the other hand most if not all Trams in cities do use DC (around 600V).
One reason for higher voltages are more energy transport. This is true for railway trains, as they use up to Mega Wats when starting or sprinting. Thus 25kV will need less Amperes and thus less metal - an over head line could be used instead of a third rail. But why then AC. Because at that time only AC could handle higher voltages due to the existence of transformators. DC gave big problems.
Looking at a third rail, what distance to the ground would you need to carry 25kV in it. Quickly it seems not very practical. Therefore rather use 500-750V only.
But still many trams and subway trains in the cities (Zürich, Berlin, München, Wien, ..) do use 600V. So why is this? This goes back to the very early days, when only DC motors were available/thinkable. (Actually speed regulation was done by big switchable resistor arrays on the roofs). Still you needed more than 110V on the line as there was in the grid to power that bigger coach. So they decided for a bigger voltage extra produced for that purpose. Later Mercury steam rectifiers were used. But 600V is still handle able. But you need big switches with wider distance to kill the switch off arc. This is also the reason why not to use DC with more than 1kV easily.
Looking at the origins of the train system in DE,CH,AT,SE and Norway which is 15kV 16,7Hz (fun stuff): this has it's origin from a train line built between Innsbruck (AT) and Garmisch Patenkirchen (DE). They chose electricity because only so they could climb the steep mountains up. At the time technology had few choices. The best motor of choice with the best efficiency was 16,7 Hz and about 15kV were good for transmission of the necessary wattage. That has then persisted until now. In fact in the mentioned countries there is a whole extra network for train power transmission. It uses 110kV or 65kV (CH) for wide range transport.
That may give you an impression about the reasons why stuff was chosen back then.