Callaway, VA Utility & Living Guide

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Tier 3 Location

Callaway, VA Utility & Living Guide

Living in Callaway, VA offers a tranquil and scenic experience with easy access to outdoor recreation and a strong sense of community.

Last updated: June 26, 2026
Total Utilities$280/mo
1BR Rent$1100/mo
Sales Tax5.3%
COL Index105 (+5% above national average)
Family Score7/10
Median Home$280,000
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⚠️ Natural Hazard History — Callaway
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$140/mo

American Electric Power
🔥 Gas

N/A - Electric only
💧 Water

$50/mo

Franklin County Public Service Authority
🗑️ Garbage

$30/mo

Franklin County Solid Waste Management
📶 Internet

$60/mo

Combined Average Overhead $280/month

Housing Market

Rent & Property
1 Bedroom$1100/mo
2 Bedrooms$1400/mo
3 Bedrooms$1900/mo
Median Home Price$280,000
Property Tax Rate0.85%
Avg Childcare/mo$900

The housing market in Callaway is characterized by a mix of older and newer homes, with a range of prices to suit different budgets. The area is seeing steady growth, with new developments and renovations underway. However, the overall supply of homes is limited, which can drive up prices.

Cost of Living

Overall COL Index

105

US national avg = 100
vs National Avg

+5% above national average

Groceries

102

Transportation

98

Healthcare

100

Childcare/mo

$900

Tax Rates

Tax Overview
Total Sales Tax5.3%
Property Tax Rate0.85%
<p>State 4.3% + County 1%</p>

Virginia has a progressive state income tax with rates ranging from 2% to 5.75%

Family & Relocation

Family Vibe Score
7/10
Safety Index

55

Higher = safer
School Rating

7/10

GreatSchools avg
Avg Childcare

$900/mo

City Pulse

Population Trend
+2% (growing)
Political Climate
Purple description, with a mix of conservative and liberal views
Business Momentum
Moderate, with key industries including manufacturing, healthcare, and tourism
Top Local Concerns
Traffic, affordable housing, public safety
🚌 Transit for Families

Callaway has limited public transportation options, but the area is relatively flat and walkable, making it accessible for strollers and families.

🎡 Top Kid Attractions
  • 🎯
    Smith Mountain Lake
  • 🎯
    Franklin County Recreation Center
  • 🎯
    Callaway Community Park

Best Neighborhoods for Families

The area around Smith Mountain Lake is popular for families, with its scenic views and outdoor recreation opportunities. The town of Callaway also has a charming downtown area with shops and restaurants. For those looking for a more rural setting, the surrounding countryside offers a range of options.

Household Budget Calculator

Estimate your real monthly cost of living in Callaway based on your household profile.

Local Briefing & Neighborhood Pulse

Live Local News

Callaway residents are subject to Franklin County ordinances, including zoning regulations and building codes.

Callaway is experiencing a surge in new businesses and developments, driven by its strategic location and growing population. However, the area still faces challenges related to infrastructure and affordability.

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📊 Callaway — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Utility costs in Callaway tend to be higher in the summer months due to air conditioning usage, with average electricity bills increasing by 15-20% from June to August. In the winter, heating costs are relatively low due to the mild climate, with average electricity bills decreasing by 10-15% from December to February.

🏛️ Local Tax Details

The ZIP code 24067 has a property tax millage rate of 0.85, with no local surtaxes.

👶 Family & Stroller Friendliness

6/10, with explanation: Callaway has some sidewalks and parks, but the area is not highly developed for stroller-friendly infrastructure, and elevator access in transit is limited.

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