Callaway is a village in Custer County, Nebraska, United States. The population was 637 at the 2000 census.
According to the United States Census Bureau, Callaway has a total area of 0.7 square miles (1.8 km²), all land.
As of the census of 2000, there were 637 people, 262 households, and 166 families residing in the village. The population density was 916.8 people per square mile (356.4/km²). There were 291 housing units at an average density of 418.8 per square mile (162.8/km²). The racial makeup of the village was 97.49% White, 0.31% Native American, 0.31% Asian, 0.78% from other races, and 1.10% from two or more races. Hispanic or Latino of any race were 1.41% of the population.