Hancock County: Residents received $49.63 million per capita from Social Security transfers in 2022

Hancock County: Residents received $49.63 million per capita from Social Security transfers in 2022

In 2022, Social Security transfers in Hancock County totaled $49.63 million, amounting to $4,645 per capita, or 38.7% of total government transfers, according to information from the Economic Innovation Group.Among all government transfer programs, Social Security was the largest contributor in the county. Medicare was the second largest contributor, totaling $41.69 million, equating to $3,902 per capita and making up 32.5% of total transfers.Co…