2022: Bennington County aging and government transfer dependency trends

2022: Bennington County aging and government transfer dependency trends
John Lettieri, President and CEO of Economic Innovation Group — Official Website
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In 2022, Bennington County received $508.2 million in government transfer payments, equivalent to $13,590 per capita.

These payments—which include Social Security, Medicare, Medicaid, and income maintenance—accounted for 22.6% 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 21.6% of total income. Since then, the share has risen by 1%.

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 Bennington County primarily focused on older adults—such as Social Security transfers, which totaled $198.3 million (39% of all transfer income), and Medicare, which accounted for $114.3 million (22.5%)—played a significant role in the county’s overall income.

On a per capita basis, Social Security payments rose from $4,357 in 2012 and $1,151 in 1970 to $5,304 in 2022, reflecting a 21.7% increase over the past decade and a 360.8% shift since 1970.

Similarly, Medicare transfers climbed from $2,768 in 2012 and $299 in 1970 to $3,056, marking 10.4% and 922.1% 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 24.6% of the total population, compared to 19.7% in 2012 and 12.5% 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 Bennington County excluding public assistance amounted to $46,546 per capita in 2022, compared to $60,136 when government transfers were included.

Breaking down the other contributions in the county, Medicaid transfers made up $97.3 million, a 19.1% share of total income, while income maintenance programs, including assistance such as SNAP or TANF, added another $51.9 million, or 10.2% of the total.

Compared to the previous year, Bennington County’s reliance on government transfers decreased by 3.1%.

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 Bennington County, 2022
2022 Vermont County Rankings by Per Capita Government Transfers
County State Rank (Per Capita Transfers) Dependency on Transfers (%) % Population 65+ Social Security Transfers (%) Medicare Transfers (%) Medicaid Transfers (%) Income Maintenance Transfers (%) Per Capita Transfers ($)
Rutland County 1 32.57% 24.66% 29.2% 16.9% 39.7% 7.3% $19,084
Orleans County 2 29.86% 23.65% 30.9% 22.6% 26.4% 10.6% $15,888
Essex County 3 30.66% 27.61% 42.4% 31.9% 1.1% 11.2% $13,920
Windsor County 4 20.45% 25.56% 40% 28.7% 14.6% 7.5% $13,899
Windham County 5 24.3% 25.28% 37.2% 23.5% 22.4% 8.9% $13,833
Washington County 6 19.77% 21.68% 34.8% 15.8% 32.6% 7.2% $13,686
Bennington County 7 22.6% 24.62% 39% 22.5% 19.1% 10.2% $13,590
Caledonia County 8 26.73% 22.94% 35.7% 26.5% 17.9% 10.4% $13,499
Orange County 9 22.28% 23.55% 37.7% 27.7% 14.8% 8.9% $12,483
Lamoille County 10 17.42% 18.84% 36.4% 20.7% 22.9% 9.6% $11,153
Addison County 11 16.9% 22.81% 44.8% 20.8% 16.1% 8% $10,489
Grand Isle County 12 14.47% 23.22% 55.1% 21.4% 0.7% 9.5% $10,310
Franklin County 13 18% 17.97% 36.8% 18.3% 20.3% 12.7% $10,107
Chittenden County 14 13.9% 16.9% 39.4% 17.6% 24.3% 8.3% $9,808


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Bennington County: Residents received 8.32 million per capita from Social Security transfers in 2022

Bennington County: Residents received $198.32 million per capita from Social Security transfers in 2022

In 2022, Social Security transfers made up 8.8% of income in Bennington County, providing an average of $5,304 per capita to residents.

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