Is Callaway, NE a Good Place to Live?
Callaway is a small town of 518 in Nebraska, with a median household income of $51,944 and a 1.1% unemployment rate. Its cost of living index is 88 (US average = 100), which is 12% below the national average.
Strengths: Callaway stands out for an affordable cost of living, below-average home prices, solid school ratings (A-), a well-educated population, short average commutes.
Trade-offs: No major red flags stand out in the available data. Whether Callaway is right for you depends on your priorities — the full breakdown is below.
All Callaway city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 87.7Callaway's overall cost of living index is 87.7, where 100 represents the US national average. Living in Callaway costs roughly 12% less than the average American city.
| Metric | Callaway, NE | National Avg |
|---|---|---|
| Median Home Value | $144,200 | $244,900 |
| Median Monthly Rent | $579 | $1,163 |
| Homeownership Rate | 69.4% | 65.9% |
| Median Household Income | $51,944 | $74,755 |
Crime & Safety
Very SafeCallaway's violent crime rate is 65.0 per 100,000 residents — 83% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Callaway is served primarily by CALLAWAY PUBLIC SCHOOLS. The student-to-teacher ratio is 8.2:1 (better than the national average of ~16:1).
| Metric | Callaway, NE | National Avg |
|---|---|---|
| School District | CALLAWAY PUBLIC SCHOOLS | — |
| Elementary Schools | 1 | — |
| Middle Schools | N/A | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | 8.2:1 | 16:1 |
| Bachelor's Degree or Higher | 35.6% | 35.4% |
| High School Diploma or Higher | 90.3% | 91.1% |
Weather & Climate
Callaway sees average highs of 36.7°F in January and 86.9°F in July, with 25.5 inches of annual precipitation and 29.5 inches of snow per year.
| Metric | Callaway, NE |
|---|---|
| Average High — January | 36.7°F |
| Average High — July | 86.9°F |
| Annual Precipitation | 25.5" |
| Annual Snowfall | 29.5" |
Demographics
| Metric | Callaway, NE | National Avg |
|---|---|---|
| Population | 518 | — |
| Median Age | 43.0 | 38.9 |
| Unemployment Rate | 1.1% | 3.7% |
| Avg Commute Time | 17.1 min | 26 min |
| White (non-Hispanic) | 97.7% | 59.3% |
| Black or African American | 0.4% | 13.6% |
| Hispanic or Latino | 1.0% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 20.8% | 22.2% |
| 65 and over | 23.6% | 16.8% |
Nearby Cities
ZIP Codes in Callaway
Callaway, NE is covered by 1 ZIP code: