Callaway, Nebraska.
Typical home $205,763 (+7.4% in a year).
to buy the typical home at today's mortgage rate — +$370 (+52%) since Feb 2022.
- 1 year
- Up $14,112 +7%
- $191,651$205,763 since Sep 2025
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Callaway$1,080
- Nebraska$1,461
- United States$1,922
Typical home values in Callaway, NE rose 7.4% over the past year — faster than the nation's +1.2%.
Living in Callaway, Custer County, Nebraska
Callaway is a village of 563 people in Custer County. Half its households earn more than $51,146 a year and half less, against $67,906 across Custer County; 9% of its people live below the poverty line. Unemployment in Custer County was 2.4% in August 2026, and the county had 0.2% more jobs in 2025 than the year before. The most people in Custer County work in schools and health care, then farming.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Callaway is a small village in Custer County, Nebraska, where people tend to know one another and the pace is quiet. Residents are somewhat older than in many places, and household incomes run below the county's, though fewer people live below the poverty line than that might suggest. Homes are priced modestly, and a smaller share of adults hold a four-year degree than in many larger towns. Winters are cold, with January the coldest month, and summers are warm, with July the warmest. Rain and melted snow add up to a moderate amount over the year.
Work. Many residents work in schools, hospitals and social care, and others in farming, forestry and mining, manufacturing, or shops. Across Custer County, some of the largest workplaces are Broken Bow Becton Dickinson, which makes hypodermic needles and syringes, Broken Bow Public Schools, and Adams Land and Cattle, a beef cattle feedlot operation. Unemployment is low, and the county has added jobs only slightly over the past year. Trips to work are short, and people here travel to their jobs rather than working from home.
Things to do. There are no nearby places on record to point to, so little can be said here about outings. Callaway is a place for unhurried days close to home, with open country around it and neighbors close by.
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- 265households
- 28%of adults have a degree
- 9%below the poverty line
- 12 mintypical commute
- 0%work from home
What people in Custer County work in
Employed residents by industry, from the Census survey. Custer County had 4,544 jobs in 2025, 0.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 37° and lows near 14°; warmest in July, with highs near 87° and lows near 61°. About 25 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Callaway 8WSW weather station, 8 miles away (NOAA).
Largest workplaces in Custer County
- USA NE - Broken Bow Becton DickinsonHypodermic needles and syringes manufacturing594
- Broken BOW Public SchoolsSchool district116FTE
- Adams Land and CattleBeef cattle feedlots113
- Jennie M. Melham Memorial MED CenterCritical access hospital90FTE
- the grocery kartGrocery stores75
- Myers ConstructionUtility line, construction74
- Adams Land and CattleBeef cattle feedlots55
- Callaway District HospitalCritical access hospital50FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 7 workplaces with 20 or more staff, 1,054 people in all across the county; Callaway has two of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- DroughtRelatively high
- WildfireRelatively high
- HailRelatively high
- TornadoesRelatively high
- Inland floodingRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Callaway’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Custer County.
Callaway home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Callaway$205,763
- Nebraska$278,299
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Callaway address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Callaway — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.