2022: Cook County aging and government transfer dependency trends

2022: Cook County aging and government transfer dependency trends

In 2022, Cook County received $58.2 billion in government transfer payments, equivalent to $11,388 per capita. These payments—which include Social Security, Medicare, Medicaid, and income maintenance—accounted for 15.6% 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 15.1% o…