Community Vitality Center Logo

Iowa Transfer of Wealth

Audubon County, Iowa

Recorded Wealth Transfer

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

  Audubon County, Iowa
County County
rank
State
Annual average number of recorded probated estates, 1998-2002
(adjusted for missing probate data)
64 91 17,976
Annual average recorded wealth transfer (millions nominal $), 1998-2002 $18.1 88 $4,933
Annual average transfer/recorded probated estate (nominal $), 1998-2002 $280,312 43 $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

  Audubon 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 $1,352.6 100.0% $531,712.1 100.0%
Projected wealth transfer, 1st 10 years, 2000-2009 $212.4 15.7% $57,462.0 10.8%
Projected wealth transfer, 2nd 10 years, 2010-2019 $235.8 17.4% $74,427.5 14.0%
Projected wealth transfer, 3rd 10 years, 2020-2029 $258.8 19.1% $98,257.5 18.5%
Projected wealth transfer, 4th 10 years, 2030-2039 $304.4 22.5% $133,602.1 25.1%
Projected wealth transfer, 5th 10 years, 2040-2049 $341.3 25.2% $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 Audubon County, Iowa
County County
rank
State US
Total number federal tax returns filed 2,927 96 1,317,635 121,697,497
Number federal income tax returns with itemized contributions 360 93 309,358 32,632,950
Average adjusted gross income, returns with itemized contributions $51,947 96 $76,516 $89,230
Average itemized contribution $2,078 63 $2,579 $2,977
Average contributions as a percent of average adjusted gross income 4.0% 17 3.4% 3.3%
 
Adjusted gross income under $50,000 Audubon County, Iowa
County County
rank
State US
Total number federal tax returns filed 2,588 97 1,033,095 92,776,089
Number federal income tax returns with itemized contributions 213 89 118,061 12,085,101
Average adjusted gross income, returns with itemized contributions $24,347 96 $32,220 $32,553
Average itemized contribution $1,286 72 $1,416 $1,514
Average contributions as a percent of average adjusted gross income 5.3% 29 4.4% 4.7%
 
Adjusted gross income over $50,000 Audubon County, Iowa
County County
rank
State US
Total number federal tax returns filed 339 94 284,540 28,921,408
Number federal income tax returns with itemized contributions 147 93 191,297 20,547,849
Average adjusted gross income, returns with itemized contributions $91,939 56 $103,854 $122,564
Average itemized contribution $3,224 28 $3,296 $3,837
Average contributions as a percent of average adjusted gross income 3.5% 18 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

  Audubon County, Iowa
County County
rank
State US
Per capita income (nominal $), 2000 $23,691 55 $26,540 $29,760
Per capita income (nominal $), 1990 $15,300 72 $17,372 $19,572
Dollar change in per capita income, 1990-2000 $8,391 45 $9,168 $10,188
Percent change in per capita income, 1990-2000 54.8% 37 52.8% 58.6%
 
Per capita income from dividends, interest, rent (nominal $), 2000 $7,090 2 $5,483 $5,663
Percent of per capita income income from dividends, interest and rent, 2000 30.0% 1 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

  Audubon County, Iowa
County County
rank
State US
Population, 2000 6,830 96 2,926,324 281,421,906
Population, 1990 7,334 94 2,776,831 248,709,873
Population change, 1990-2000 -504 88 149,493 32,712,033
Percent population change , 1990-2000 -6.9% 95 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

  Audubon County, Iowa
County County
rank
State US
Average annual deaths, 2000-2002 104 89 27,836 2,422,430
Average annual deaths, 1995-1999 86 97 28,018 2,333,800
Average annual deaths, 1990-1994 104 91 27,261 2,208,400
 
Average annual death rate/1000 population, 2000-2002 15.5 3 9.5 8.6
Average annual death rate/1000 population, 1995-1999 12.5 30 9.7 8.7
Average annual death rate/1000 population, 1990-1994 14.6 4 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
  Audubon County, Iowa
County County
rank
State US
Median age (years) 42.4 6 36.6 35.3
Number 65 or older 1,604 87 436,213 34,991,753
Percent 65 or older 23.5% 4 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

Audubon County age graph

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


COMMUNITY VITALITY CENTER
A Catalyst For Creating Real Impact In Real Communities

477 Heady Hall, Ames, IA, 50011-1070, Phone: 515-294-3000, Fax: 515-294-3838, e-mail:

Copyright © 2003-2005 Community Vitality Center
This site is best viewed at 800x600 and better resolutions using Microsoft Internet Exporer 5.0+, Netscape 6.0+, Mozilla 0.97+, Opera 5+, and Konqueror 3+. If you are having problems viewing this site, please check your browser version and update if necessary. You will need Adobe Reader to view .pdf files. This page is valid XHTML 1.0 Transitional and is CSS2 compliant