2022: Correlation between aging and increasing government transfer dependency in Winnebago County?

2022: Correlation between aging and increasing government transfer dependency in Winnebago County?

In 2022, Winnebago County received $133.6 million in government transfer payments, equivalent to $12,584 per capita. These payments—which include Social Security, Medicare, Medicaid, and income maintenance—accounted for 22.9% of all personal income in the county, according to information from the Economic Innovation Group. This marks a slight increase in the county’s reliance on government transfers compared to 2012, when such payments made up 1…