Callaway, Minnesota is a small town located in Otter Tail County. It has a population of 56521 and offers its residents affordable housing with the average two bedroom rent being $860, which is significantly less than the US average of $1,430. Additionally, grocery costs in the area are lower than the national average index by three percent.
The town offers many local businesses for residents to take advantage of. These include Callaway Hardware & Rental, which has been providing quality hardware and rental equipment for over 30 years, along with Callaway Feeds & Seeds which specializes in animal feed and seed products. For those needing assistance with lawn care there is also Gellerman's Lawn Care that provides professional landscaping and lawn mowing services.
In addition to local businesses, there are a wealth of attractions that make Callaway a great place to live. The nearby Detroit Lakes Regional Trail is perfect for biking or running enthusiasts and offers scenic views of lakeshore landscapes throughout its 25 mile route. For those who enjoy outdoor activities, there are several parks within driving distance including Maplewood State Park or Glendalough State Park both offering camping sites as well as trails for hiking and fishing opportunities.
Callaway (zip 56521) has an unemployment rate of 5.3%. The US average is 6.0%.
Callaway (zip 56521) has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Callaway (zip 56521)
- The Sales Tax Rate for Callaway (zip 56521) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Callaway (zip 56521) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Callaway (zip 56521)
- The average income of a Callaway (zip 56521) resident is $20,359 a year. The US average is $28,555 a year.
- The Median household income of a Callaway (zip 56521) resident is $60,197 a year. The US average is $69,021 a year.