Winnebago County: Social Security dependency reached 8.5% in 2022

Winnebago County: Social Security dependency reached 8.5% in 2022

In 2022, Social Security transfers in Winnebago County totaled $49.51 million, amounting to $4,663 per capita, or 37.1% 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 $39.09 million, equating to $3,682 per capita and making up 29.3% of total transfers.…