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Saturday, April 19, 2025

2022: Bon Homme County aging and government transfer dependency trends

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John Lettieri, President and CEO of Economic Innovation Group | Official Website

John Lettieri, President and CEO of Economic Innovation Group | Official Website

In 2022, Bon Homme County received $73.9 million in government transfer payments, equivalent to $10,466 per capita.

These payments—which include Social Security, Medicare, Medicaid, and income maintenance—accounted for 19.2% 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 17.6% of total income. Since then, the share has risen by 1.6%.

Government transfer payments are non-repayable funds provided by federal, state, or local governments to support individuals in need. These payments aim to stabilize economic conditions and provide financial support during hardships. Key programs include Social Security transfers (retirement benefits), Medicare transfers (healthcare for seniors), Medicaid transfers (healthcare for low-income individuals), and income maintenance transfers (financial assistance for basic needs).

In 2022, government transfers in Bon Homme County primarily focused on older adults—such as Social Security transfers, which totaled $27.3 million (36.9% of all transfer income), and Medicare, which accounted for $21.5 million (29.1%)—played a significant role in the county's overall income.

On a per capita basis, Social Security payments rose from $3,268 in 2012 and $1,115 in 1970 to $3,865 in 2022, reflecting a 18.3% increase over the past decade and a 246.6% shift since 1970.

Similarly, Medicare transfers climbed from $2,639 in 2012 and $364 in 1970 to $3,045, marking 15.4% and 736.5% increases, respectively.

These increases in per capita payments align with shifts in the county’s age distribution. In 2022, residents aged 65 and older made up 21.4% of the total population, compared to 19.5% in 2012 and 15.5% in 1970. While the senior share of the population has increased, the rise in per capita Social Security and Medicare transfers suggests that these assistance programs for older adults now require a larger share of government funding—either due to growing needs, expanded eligibility, higher benefit levels, or increased enrollment.

According to the Economic Innovation Group, total income in Bon Homme County excluding public assistance amounted to $43,953 per capita in 2022, compared to $54,418 when government transfers were included.

Breaking down the other contributions in the county, Medicaid transfers made up $7.2 million, a 9.7% share of total income, while income maintenance programs, including assistance such as SNAP or TANF, added another $8 million, or 10.9% of the total.

Compared to the previous year, Bon Homme County's reliance on government transfers decreased by 4.6%.

Government transfers have long been a modest financial safety net, historically comprising only a small fraction of Americans' income. However, since the 1970s—sometimes dubbed the “Great Transfer-mation”—dependency has surged from 8.2% (or $2,016 per capita in inflation-adjusted 2022 dollars) in 1970 to 17.6% (or $11,529 per capita) in 2022 nationwide.

According to the Economic Innovation Group’s analysis, these trends are not merely short-term responses to economic pressures but rather reflect a profound, long-term transformation in how government support is integrated into American life. The study illustrates that structural shifts—from rising healthcare expenses and demographic changes to stagnant wages—have significantly increased dependency on government transfers.

Breakdown of Government Transfers by Program in Bon Homme County, 2022
Social Security Transfers [36.9%]Medicare Transfers [29.1%]Income Maintenance Transfers [10.9%]Medicaid Transfers [9.7%]

2022 South Dakota County Rankings by Per Capita Government Transfers

CountyState Rank (Per Capita Transfers)Dependency on Transfers (%)% Population 65+Social Security Transfers (%)Medicare Transfers (%)Medicaid Transfers (%)Income Maintenance Transfers (%)Per Capita Transfers ($)
Fall River County134%30.92%31.6%21.9%9.8%8.5%$18,578
Spink County220.79%24.39%24%21.1%40.9%6.9%$18,057
Jerauld County324.67%29.9%34.7%40.9%7.4%8.6%$18,017
Oglala Lakota County445%7.61%9.2%11.1%36.1%31.8%$16,063
Todd County542.36%7.9%10.8%12.8%32.8%31.6%$15,184
Dewey County627.79%10%15.8%16.1%26.5%28.4%$15,130
Buffalo County742.77%9.92%13.1%11.7%31.9%32.3%$15,128
Day County820.56%26.87%32.9%30.9%11.1%10.5%$14,712
Custer County923.2%33.32%40.8%25.7%6.1%6.9%$14,538
Mellette County1031.9%16.12%18.7%16.4%26.7%25.5%$14,481
Gregory County1123.41%26.18%31.9%28.7%12.5%13.6%$14,244
Walworth County1222.63%24.37%34.7%25.4%14.9%12%$14,174
Bennett County1328.73%14.28%16.8%15.8%29.2%26%$13,953
Jackson County1431.49%13.42%17.8%19.5%24.1%24.9%$13,928
Faulk County1515.4%24%30.4%41.3%9.7%8.5%$13,640
Tripp County1620.72%24%29.1%22%22.8%14%$13,620
Douglas County1717.81%24.29%33.5%32.5%13.2%10%$13,152
Hanson County1816.64%16.24%50.5%31.1%2.1%7.1%$13,071
Hyde County1916.31%25.69%34.7%30.3%13.7%10.7%$13,052
Perkins County2024%26.49%34.1%28%12.9%10.9%$13,042
Potter County2115.41%27.47%35.9%36.6%10.4%7.2%$13,023
Pennington County2218.83%20%37.3%24.2%10.7%10.3%$13,016
Corson County2330.84%13.31%15.9%13.8%26.7%31.4%$12,764
Haakon County2416.35%26.77%33.7%35.5%8.1%9.5%$12,759
McPherson County2517.59%30.3%36.3%33%9.7%11.4%$12,757
Charles Mix County2623.47%18.75%25.1%25%19.7%18.3%$12,675
Miner County2717.2%23.41%36.1%31.1%14.2%10%$12,487
Lawrence County2818.19%24.24%40.1%25.4%8.4%8.9%$12,355
Grant County2917.35%24.17%38.6%29.1%10.6%8.4%$12,264
Kingsbury County3016.54%22.96%38.9%32.7%7.7%9%$12,245
Roberts County3123%20.87%31.7%20.3%17.1%16.8%$12,054
Campbell County3214.54%31.66%38.3%34%4.6%9.9%$11,838
Butte County3324.44%20.51%34.4%24.1%11.6%13.3%$11,679
Hutchinson County3415.9%21.49%37.7%27.8%12.9%9.9%$11,636
Lyman County3519.91%18.43%28.6%17.1%21.2%20.2%$11,518
Stanley County3613.85%22.8%44.9%26.8%4.2%8.5%$11,371
Jones County3714.3%27%42.1%23.5%6.4%14.1%$11,344
Ziebach County3833.48%11%10.3%10.4%26.8%41%$11,283
Davison County3918.1%20.61%35.3%25%14.9%11.9%$11,263
Marshall County4015%23%38.8%29.3%10.4%10.5%$11,217
Sanborn County4117.26%21.85%34.4%29%7.7%12.1%$11,042
Lake County4214.99%24.88%39.3%26.9%11%10.2%$10,999
Yankton County4316.14%21.57%38%24.9%15%10.9%$10,995
Deuel County4416.62%22.17%40.1%29.8%8.1%9.7%$10,917
Hand County4512.67%25.29%39.5%32.2%9.4%9.7%$10,857
Aurora County4618.2%21.25%33.3%30.3%8%12%$10,730
Brule County4716.51%20.6%30.8%20%23.5%13%$10,627
McCook County4814.48%18.48%37.2%26.1%16.6%10.1%$10,622
Beadle County4918%17.5%32.6%25.4%18.4%15%$10,542
Bon Homme County5019.23%21.39%36.9%29.1%9.7%10.9%$10,466
Hughes County5116.3%18.62%36.4%26.4%13.7%11.2%$10,433
Codington County5215.39%19.63%37.5%27.2%11.1%11%$10,402
Turner County5314.54%19.88%37.6%28.1%12.1%9.8%$10,318
Edmunds County5411.11%23.21%37.4%30.1%11.9%9.7%$10,258
Brown County5514.19%18.21%37.5%27.1%12.1%11.1%$10,173
Clark County5612.92%23.63%38.5%24.1%8.9%12.5%$9,922
Moody County5714.88%19.99%40.4%27.1%7.1%11.8%$9,890
Meade County5818.51%17%36.8%21.9%7.7%11.2%$9,884
Minnehaha County5913.21%13.79%38.6%24.2%13.8%12%$9,501
Hamlin County6014.48%14.44%35.7%24.8%12.4%12.3%$9,225
Sully County618.89%27%53.2%28.9%1.5%8.3%$9,050
Union County627.43%19.22%45.9%27.4%6.2%7.5%$9,048
Clay County6316.95%12.61%32.7%19.7%16%15.3%$8,230
Harding County6415.1%21.73%41%23.4%2.9%14.2%$7,762
Brookings County6513.24%13.72%38.9%22.3%10.1%12.4%$7,422
Lincoln County667.22%14.72%45.4%28.6%3.9%8.1%$6,016

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