Callaway, MN
Population 197 · Minnesota
About Callaway, MN
Callaway is a small community located in Minnesota with a population of 197 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,000 per year, which is 27% below the national median of $75,149. The median age of 38.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Callaway features a median home value of $83,300, which is 66% below the national median of $244,900. This makes Callaway one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $792, 32% below the national average of $1,163/month. Of the 85 total housing units, 80% are owner-occupied (64 units) and 20% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Callaway shows an unemployment rate of 7.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Callaway have an average one-way commute time of 20.9 minutes.
Education & Demographics
15.4% of Callaway residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 34.0% Hispanic or Latino, 0.0% Black or African American, and 2.5% Asian residents, with 1.0% of the population being foreign-born.
Cost of Living in Callaway, MN
Compared to national averages, Callaway has a median household income of $55,000 (27% below the national median of $75,149). Home values average $83,300, which is 66% below the national median. Monthly rent at $792 is 32% below the US average of $1,163. Within Minnesota, Callaway's income is 26% below the state average of $74,221, and home values are 59% below the state median of $204,472.
Why Live in Callaway, MN?
Callaway offers affordable housing with a median home value of $83,300, below the US average of $244,900, and rent that’s lower than the national average at $792/month, and a low poverty rate of 8.1%, better than the national average. Additionally, the city features short commute times averaging just 20.9 minutes.
Potential considerations include median household income ($55,000) that falls below the national average. However, Callaway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Callaway has a population of 197 with a median age of 38.5 years. Compare Callaway with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Callaway
Cities in Minnesota with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Callaway With Other Cities
Frequently Asked Questions about Callaway
What is the population of Callaway, MN?
The population of Callaway, MN is 197 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Callaway?
The median household income in Callaway, MN is $55,000 per year, which is 27% below the national median of $75,149.
What is the median home value in Callaway?
The median home value in Callaway, MN is $83,300, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Callaway?
The median monthly rent in Callaway, MN is $792, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Callaway?
The unemployment rate in Callaway, MN is 7.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Callaway, MN a good place to live?
Callaway offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 197 and a median age of 38.5, the city appeals to a broad range of residents.
How educated is Callaway, MN?
15.4% of residents in Callaway aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Callaway?
Key cost-of-living indicators for Callaway, MN: median home value is $83,300 (66% below national), median rent is $792/month, and median household income is $55,000. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Callaway?
The poverty rate in Callaway, MN is 8.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Callaway, MN?
Callaway's population is 0.0% White, 34.0% Hispanic or Latino, 0.0% Black or African American, 2.5% Asian, and 0.0% two or more races. 1.0% of residents are foreign-born.