Median Income
$51,944
household / year
Median Home Value
$144,200
owner-occupied
Median Rent
$579
gross / month
Cost of Living
88
national avg = 100

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: 87.7

Callaway'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 Safe

Callaway's violent crime rate is 65.0 per 100,000 residents — 83% lower than the national average of ~380 per 100,000.

Violent Crime
65.0 /100k
Property Crime
389.7 /100k

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.

MetricCallaway, NE
Average High — January36.7°F
Average High — July86.9°F
Annual Precipitation25.5"
Annual Snowfall29.5"

Demographics

MetricCallaway, NENational Avg
Population518—
Median Age43.038.9
Unemployment Rate1.1%3.7%
Avg Commute Time17.1 min26 min
White (non-Hispanic)97.7%59.3%
Black or African American0.4%13.6%
Hispanic or Latino1.0%18.9%
Asian0.0%6.3%
Under 1820.8%22.2%
65 and over23.6%16.8%

Nearby Cities

ZIP Codes in Callaway

Callaway, NE is covered by 1 ZIP code:

Callaway vs Other Cities

Frequently Asked Questions

Callaway's cost of living index is 88, where 100 is the national average. That makes Callaway roughly 12% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $144,200 and median rent is $579/month.
Callaway's violent crime rate is 65.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 389.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Callaway are operated by CALLAWAY PUBLIC SCHOOLS. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 8.2:1. 35.6% of adults 25+ hold a bachelor's degree or higher.
Callaway, NE has a population of 518, a median household income of $51,944, and an unemployment rate of 1.1%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Callaway averages 36.7°F in January and 86.9°F in July. Annual rainfall is 25.5 inches with about 29.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Callaway, NE is covered by 1 ZIP code: 68825.
The population of Callaway, Nebraska is 518 with a median age of 43.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Callaway: cost of living index 88 (100 = US average), median home $144,200, median household income $51,944, crime index 18 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Callaway side by side with your current city to see the trade-offs.