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Callaway, FL Area Guide

Laidback bayfront living near Tyndall AFB

Suburban Affordable Scenic

Callaway is a bayfront suburb in Bay County that trades big-city noise for a genuinely laid-back Gulf Coast rhythm, all while staying just minutes from the energy of Panama City. Tyndall Parkway and State Route 22 frame the city's commercial spine, where post-Hurricane Michael new construction has brought fresh homes and restaurants alongside established neighborhoods. Callaway Bayou adds a waterfront dimension to daily life, and St. Andrews State Park is a short drive away for anyone craving open water and natural scenery.

The rental market here skews residential and practical. Renters will find a mix of smaller apartment communities and townhome rental communities, with newer construction filling in lots that were rebuilt after the 2018 storm. Architecture ranges from mid-century bungalows in the neighborhoods north of Cherry Street to recently completed builds with modern floor plans.

Proximity to Tyndall Air Force Base shapes much of the community's identity, and local businesses reflect that connection. Gulf Coast State College is accessible within a half-hour drive, and the Science and Discovery Center of Northwest Florida is less than ten miles away, rounding out the area's institutional and cultural footprint.

Demographics

Median Household Income

$55,261

Average: $69,149

Education

2,290

Residents Have a Degree

Job Market

5,877

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

39 Years

Largest Age Group

30-39 Years

Approximately 14% of Residents

Under 20

25%

Over 65

18%

Housing Distribution

Callaway has more homeowners than renters.

Renters
32%
Non-Renters
68%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
12%
Other Education
88%

Learn More About Callaway

Getting Around

Not Walkable

Walkability

10 / 100

Exceptionally Drivable

Drivability

90 / 100

Somewhat Bikeable

Bikeability

30 / 100

Points of Interest

Parks and Recreation

  • Science and Discovery Center of Northwest Florida

Airports

  • Northwest Florida Beaches International

Top Apartments in Callaway

Houses for Rent in Callaway

Living in Callaway

History

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Callaway's residential backbone grew in waves from the mid-twentieth century through the 1990s, and a cluster of its oldest homes remains concentrated north of Cherry Street. That layered housing stock gives older blocks a distinctly different feel from the newer sections closer to the parkway.

The most defining event in recent memory is Hurricane Michael, which struck in 2018 as a Category 5 storm and reshaped the city's physical landscape. The rebuilding that followed brought a wave of new construction throughout Callaway, and the ongoing multi-billion-dollar redevelopment of Tyndall Air Force Base as a next-generation installation continues to influence the area's trajectory in tangible, visible ways.

Restaurants

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Dining along Tyndall Parkway and State Route 22 has grown noticeably since Hurricane Michael, with new restaurants joining the corridor in the years following the storm. The scene skews casual and approachable, with Gulf-region seafood a natural draw given Callaway's bayfront setting.

Panama City's broader dining scene, roughly six miles west, puts a much wider range of cuisines within easy reach, from American comfort food to international options, making the overall dining picture for Callaway residents more expansive than the city's size might suggest.

Transportation

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Getting around Callaway means getting in a car. US Route 98, known locally as Tyndall Parkway, and State Route 22 handle the bulk of daily travel, connecting residents to Panama City, Tyndall Air Force Base, and the broader Bay County area. Most errands and commutes are straightforward along these two corridors.

BayWay bus service, operated by Bay County Transportation Services, includes a route serving Callaway for residents who prefer or need public transit. Northwest Florida Beaches International Airport is approximately 29 miles away, a drive of around 46 minutes under normal conditions.

Parks

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John B. Gore Park juts into a cove along Callaway Bayou and offers a public boat ramp, making it a practical gateway for getting out on the water without a long drive. The Callaway Recreational Complex covers 80 acres and hosts organized sports leagues, giving the city a substantial green anchor for outdoor activity.

St. Andrews State Park, one of the premier natural destinations on the Gulf Coast, is a short drive away and delivers white sand, clear water, and protected coastal habitat. Panama City Beach stretches roughly 16 miles from Callaway, and Mexico Beach lies about 20 miles in the other direction, putting two distinct Gulf experiences within comfortable driving range.

Cost

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Two-bedroom apartments in Callaway average around $935 per month, and three-bedroom units average approximately $1,925 per month, both sitting noticeably below state averages for comparable unit sizes.

Shopping

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Most everyday retail lines up along Tyndall Parkway and State Route 22. Grocery Outlet, Winn-Dixie, and a Walmart Supercenter at the north end of the city cover routine shopping needs without requiring a trip outside town. For a different kind of shopping experience, Panama City's historic downtown is about six miles west and offers arts galleries and specialty retail that contrast with the suburban corridor closer to home.

Highlights

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Callaway delivers Gulf Coast living with Callaway Bayou providing waterfront character, the 80-acre Callaway Recreational Complex anchoring outdoor life, and both St. Andrews State Park and Panama City Beach within easy reach. Ongoing post-hurricane rebuilding and Tyndall Air Force Base's major redevelopment keep the city moving forward.

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.