In 2022, Medicare transfers in Oconee County totaled $314.89 million, amounting to $3,927 per capita, or 28.2% of total government transfers, according to information from the Economic Innovation Group.
Among all government transfer programs, Medicare was the second largest contributor in the county. Social Security was the largest contributor, totaling $466.65 million, equating to $5,820 per capita and making up 41.9% of total transfers.
Comparatively, Medicare transfers across South Carolina amounted to $16.39 billion, ranking second highest among all transfer types within the state. This translates to an average of $3,103 per capita, or 25.8% of total government transfers. Including all transfer types, government transfer payments totaled $63.54 billion, accounting for 22.4% of residents’ total income, with an average of $12,028 per resident.
Medicaid was the third largest contributor in Oconee County in 2022, accounting for $116.1 million, averaging $1,448 per capita, representing 10.4% of transfers. Income Maintenance transfers provided another $93.63 million, averaging $1,168 per capita and comprising 8.4% of government support, making them the smallest contributors.
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).
With 24.8% of the population aged 65 and older, Oconee County has a significant demand for programs like Social Security and Medicare. Despite this aid, the total per capita income in Oconee County, excluding government transfers was $40,509, which is far below the county’s total income of $54,415, emphasizing the role of government transfers in overall income.
When comparing 2022 to the previous year, Oconee County saw an increase in its Medicare transfer dependency by 0.2%, reflecting both rising transfer amounts and stagnating or insufficient other sources of income.
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 $2,022 per capita in inflation-adjusted 2022 dollars) in 1970 to 17.6% (or $11,542 per capita) in 2022 nationwide. In Oconee County, reliance on government transfers has similarly increased from 8.4% (or $1,553 per capita) in 1970 to 25.6% (or $13,905 per capita) in 2022, reflecting broader national trends.
According to the Economic Innovation Group’s analysis, these trends are not merely short-term responses to economic pressures but rather reflect a profound, long-term transformation in how government support is integrated into American life. The study illustrates that structural shifts—from rising healthcare expenses and demographic changes to stagnant wages—have significantly increased dependency on government transfers.
| County | Rank | Dependency on Transfers (%) | % Population 65+ | Social Security Transfers (%) | Medicare Transfers (%) | Medicaid Transfers (%) | Income Maintenance Transfers (%) | Per Capita Transfers ($) |
|---|---|---|---|---|---|---|---|---|
| Greenville County | 1 | 18.1% | 16.7% | 7% | 4.7% | 2.2% | 1.9% | $10,268 |
| Horry County | 2 | 31.2% | 26.3% | 13.3% | 9.1% | 2.2% | 2.3% | $14,637 |
| Richland County | 3 | 20.4% | 14.1% | 6.3% | 4% | 2.9% | 2.5% | $11,015 |
| Charleston County | 4 | 13.3% | 17.9% | 5% | 3.4% | 1.7% | 1.2% | $10,152 |
| Spartanburg County | 5 | 20.5% | 16.2% | 7.6% | 5.2% | 2.6% | 2.6% | $10,810 |
| Lexington County | 6 | 19.1% | 17.1% | 7.1% | 4.9% | 2.1% | 2% | $10,916 |
| York County | 7 | 16% | 15.4% | 6.3% | 4.1% | 1.7% | 1.6% | $9,432 |
| Beaufort County | 8 | 19% | 28.5% | 8.7% | 5.5% | 1.1% | 1.2% | $13,685 |
| Anderson County | 9 | 25.2% | 18.4% | 9.5% | 6.8% | 3% | 2.8% | $12,034 |
| Berkeley County | 10 | 17.9% | 15% | 6.5% | 3.6% | 1.8% | 2.2% | $9,080 |
| Aiken County | 11 | 24.3% | 20.9% | 9.5% | 5.9% | 3% | 2.7% | $12,534 |
| Dorchester County | 12 | 24.8% | 15.2% | 7.4% | 8.1% | 2.6% | 2.4% | $11,830 |
| Florence County | 13 | 26.5% | 17.9% | 8% | 6.6% | 5.1% | 3.6% | $13,791 |
| Pickens County | 14 | 24.4% | 17.3% | 9% | 7.1% | 2.7% | 2.3% | $11,183 |
| Sumter County | 15 | 30% | 17.7% | 8.6% | 6.5% | 4.4% | 4.3% | $13,982 |
| Lancaster County | 16 | 22.2% | 21.6% | 9.2% | 6.5% | 2% | 2% | $12,236 |
| Orangeburg County | 17 | 36.6% | 21.1% | 11.2% | 9.2% | 6.5% | 5.3% | $15,043 |
| Oconee County | 18 | 25.6% | 24.8% | 10.7% | 7.2% | 2.7% | 2.1% | $13,905 |
| Georgetown County | 19 | 28.5% | 30.8% | 12.2% | 8% | 2.9% | 2.5% | $16,295 |
| Laurens County | 20 | 35.6% | 19% | 11.1% | 10.7% | 6.6% | 4% | $15,193 |
| Kershaw County | 21 | 26.3% | 19% | 8.7% | 6.4% | 2.9% | 2.7% | $13,853 |
| Greenwood County | 22 | 30.7% | 19.5% | 10.8% | 7.8% | 4.1% | 3.8% | $13,421 |
| Darlington County | 23 | 30.6% | 19.7% | 10.3% | 7.4% | 5.2% | 4.4% | $14,583 |
| Cherokee County | 24 | 32.1% | 17.5% | 11.6% | 8.3% | 4.5% | 4.4% | $12,442 |
| Colleton County | 25 | 37.3% | 20.6% | 11.4% | 11% | 5.8% | 4.8% | $15,655 |
| Chesterfield County | 26 | 33.5% | 19.5% | 11.4% | 8.1% | 5.7% | 4.8% | $13,083 |
| Newberry County | 27 | 28.8% | 20.7% | 10.4% | 7.8% | 4% | 3.3% | $13,661 |
| Clarendon County | 28 | 37.3% | 25.1% | 12% | 10.2% | 6.1% | 4.6% | $16,889 |
| Marion County | 29 | 39.5% | 21.7% | 11.9% | 9.7% | 7.6% | 6.4% | $16,221 |
| Chester County | 30 | 33.8% | 19.6% | 11.6% | 8.9% | 5.1% | 4.8% | $13,987 |
| Williamsburg County | 31 | 38.4% | 22.7% | 12.4% | 7.4% | 7.9% | 6.3% | $14,765 |
| Dillon County | 32 | 39.7% | 17.8% | 10.8% | 10% | 8% | 7.1% | $15,532 |
| Union County | 33 | 39% | 21.6% | 14% | 10.7% | 6% | 4.9% | $14,885 |
| Jasper County | 34 | 29.6% | 23.4% | 13.2% | 6% | 3.2% | 3.7% | $12,162 |
| Marlboro County | 35 | 38% | 19.4% | 11.6% | 9.9% | 6.8% | 6.1% | $14,387 |
| Edgefield County | 36 | 27.5% | 20.3% | 9.1% | 8.8% | 2.7% | 2.9% | $13,486 |
| Fairfield County | 37 | 32.4% | 24.2% | 10.8% | 7.8% | 5.9% | 4.1% | $16,217 |
| Abbeville County | 38 | 34.1% | 23% | 12.8% | 8.4% | 4.7% | 3.8% | $13,588 |
| Barnwell County | 39 | 37.5% | 19.5% | 10.9% | 9.5% | 7.5% | 6.1% | $14,685 |
| Hampton County | 40 | 36.5% | 19.8% | 11.4% | 8.8% | 6.6% | 5.4% | $14,735 |
| Lee County | 41 | 38.1% | 20.7% | 11.5% | 8.7% | 8.3% | 5.8% | $15,593 |
| Saluda County | 42 | 26% | 20.8% | 10.7% | 4.5% | 4.6% | 3.5% | $11,397 |
| Bamberg County | 43 | 39.8% | 24.3% | 12.1% | 9.3% | 8% | 5.8% | $15,906 |
| Calhoun County | 44 | 26.9% | 24.7% | 10.6% | 5.7% | 4.4% | 3.2% | $13,341 |
| McCormick County | 45 | 41.9% | 39.1% | 18.2% | 12.1% | 4.2% | 2.8% | $19,290 |
| Allendale County | 46 | 42.3% | 22.8% | 11.6% | 11% | 9.6% | 6.8% | $17,191 |
