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Iowa Transfer of Wealth

Pocahontas County, Iowa

Recorded Wealth Transfer

Table A. Annual average recorded wealth transfer, Iowa, 1998-2002

  Pocahontas County, Iowa
County County
rank
State
Annual average number of recorded probated estates, 1998-2002
(adjusted for missing probate data)
102 73 17,976
Annual average recorded wealth transfer (millions nominal $), 1998-2002 $34.2 56 $4,933
Annual average transfer/recorded probated estate (nominal $), 1998-2002 $335,480 14 $274,425

Source: Community Vitality Center and Iowa Court Information Systems


Projected Wealth Transfer

Table B. Projected wealth transfer by decade (millions nominal $ inflated at 2% annually),
Iowa, 2000-2049

  Pocahontas County, Iowa
County State
millions nominal $
inflated at 2% per year
percent of
50 year transfer
millions nominal $
inflated at 2% per year
percent of
50 year transfer
Projected wealth transfer, 50 years, 2000-2049 $2,927.7 100.0% $531,712.1 100.0%
Projected wealth transfer, 1st 10 years, 2000-2009 $426.4 14.6% $57,462.0 10.8%
Projected wealth transfer, 2nd 10 years, 2010-2019 $493.2 16.8% $74,427.5 14.0%
Projected wealth transfer, 3rd 10 years, 2020-2029 $565.7 19.3% $98,257.5 18.5%
Projected wealth transfer, 4th 10 years, 2030-2039 $683.3 23.3% $133,602.1 25.1%
Projected wealth transfer, 5th 10 years, 2040-2049 $759.0 25.9% $167,963.0 31.6%

Source: Community Vitality Center


Charitable Giving

Table C. Average income and charitable contributions, federal income tax returns,
Iowa, 1997*

All income levels Pocahontas County, Iowa
County County
rank
State US
Total number federal tax returns filed 3,701 84 1,317,635 121,697,497
Number federal income tax returns with itemized contributions 528 84 309,358 32,632,950
Average adjusted gross income, returns with itemized contributions $56,979 82 $76,516 $89,230
Average itemized contribution $2,422 32 $2,579 $2,977
Average contributions as a percent of average adjusted gross income 4.3% 12 3.4% 3.3%
 
Adjusted gross income under $50,000 Pocahontas County, Iowa
County County
rank
State US
Total number federal tax returns filed 3,077 86 1,033,095 92,776,089
Number federal income tax returns with itemized contributions 264 84 118,061 12,085,101
Average adjusted gross income, returns with itemized contributions $26,943 91 $32,220 $32,553
Average itemized contribution $1,955 8 $1,416 $1,514
Average contributions as a percent of average adjusted gross income 7.3% 5 4.4% 4.7%
 
Adjusted gross income over $50,000 Pocahontas County, Iowa
County County
rank
State US
Total number federal tax returns filed 624 82 284,540 28,921,408
Number federal income tax returns with itemized contributions 264 82 191,297 20,547,849
Average adjusted gross income, returns with itemized contributions $87,015 79 $103,854 $122,564
Average itemized contribution $2,890 52 $3,296 $3,837
Average contributions as a percent of average adjusted gross income 3.3% 27 3.2% 3.2%

*most recent year for which county information is available

Source: Community Vitality Center, Urban Institute National Center for Charitable Statistics and U.S. Internal Revenue Service


Income

Table D. Total per capita income and per capita income from dividends, interest
and rent, Iowa, 1990-2000

  Pocahontas County, Iowa
County County
rank
State US
Per capita income (nominal $), 2000 $22,573 71 $26,540 $29,760
Per capita income (nominal $), 1990 $15,114 76 $17,372 $19,572
Dollar change in per capita income, 1990-2000 $7,459 67 $9,168 $10,188
Percent change in per capita income, 1990-2000 49.4% 62 52.8% 58.6%
 
Per capita income from dividends, interest, rent (nominal $), 2000 $5,263 52 $5,483 $5,663
Percent of per capita income income from dividends, interest and rent, 2000 23.4% 33 20.6% 19.0%

Source: Community Vitality Center and Bureau of Economic Analysis, U.S. Department of Commerce


Total Population

Table E. Population, Iowa, 1990-2000

  Pocahontas County, Iowa
County County
rank
State US
Population, 2000 8,662 86 2,926,324 281,421,906
Population, 1990 9,525 83 2,776,831 248,709,873
Population change, 1990-2000 -863 96 149,493 32,712,033
Percent population change , 1990-2000 -9.1% 99 5.4% 13.2%

Source: Community Vitality Center and U.S. Census Bureau, U.S. Department of Commerce


Deaths

Table F. Deaths and death rates, Iowa, 1990-2002

  Pocahontas County, Iowa
County County
rank
State US
Average annual deaths, 2000-2002 109 83.5 27,836 2,422,430
Average annual deaths, 1995-1999 114 85 28,018 2,333,800
Average annual deaths, 1990-1994 127 79 27,261 2,208,400
 
Average annual death rate/1000 population, 2000-2002 12.9 21 9.5 8.6
Average annual death rate/1000 population, 1995-1999 12.8 26 9.7 8.7
Average annual death rate/1000 population, 1990-1994 13.6 11 9.7 8.7

Source: Community Vitality Center and Iowa Department of Public Health


Age

Table G. Median age and age 65 or older,
Iowa, 2000
  Pocahontas County, Iowa
County County
rank
State US
Median age (years) 42.5 5 36.6 35.3
Number 65 or older 1,881 81 436,213 34,991,753
Percent 65 or older 21.7% 10 14.9% 12.4%

Source: Community Vitality Center and U.S. Census Bureau, U.S. Department of Commerce

 

Percent of population by age group, Iowa, 2000

Pocahontas County age graph

Source: Community Vitality Center and U.S. Census Bureau, U.S. Department of Commerce


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A Catalyst For Creating Real Impact In Real Communities

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