Population aging and government transfer dependency in Cerro Gordo County as of 2022

Population aging and government transfer dependency in Cerro Gordo County as of 2022

In 2022, Cerro Gordo County received $579.1 million in government transfer payments, equivalent to $13,655 per capita. These payments—which include Social Security, Medicare, Medicaid, and income maintenance—accounted for 20.2% 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…