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Iowa Transfer of Wealth

O'Brien County, Iowa

Recorded Wealth Transfer

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

  O'Brien County, Iowa
County County
rank
State
Annual average number of recorded probated estates, 1998-2002
(adjusted for missing probate data)
130 45 17,976
Annual average recorded wealth transfer (millions nominal $), 1998-2002 $45.0 36 $4,933
Annual average transfer/recorded probated estate (nominal $), 1998-2002 $346,481 11 $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

  O'Brien 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 $3,797.1 100.0% $531,712.1 100.0%
Projected wealth transfer, 1st 10 years, 2000-2009 $538.7 14.2% $57,462.0 10.8%
Projected wealth transfer, 2nd 10 years, 2010-2019 $617.1 16.3% $74,427.5 14.0%
Projected wealth transfer, 3rd 10 years, 2020-2029 $712.3 18.8% $98,257.5 18.5%
Projected wealth transfer, 4th 10 years, 2030-2039 $880.5 23.2% $133,602.1 25.1%
Projected wealth transfer, 5th 10 years, 2040-2049 $1,048.5 27.6% $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 O'Brien County, Iowa
County County
rank
State US
Total number federal tax returns filed 7,388 51 1,317,635 121,697,497
Number federal income tax returns with itemized contributions 1,409 44 309,358 32,632,950
Average adjusted gross income, returns with itemized contributions $57,916 79 $76,516 $89,230
Average itemized contribution $3,397 5 $2,579 $2,977
Average contributions as a percent of average adjusted gross income 5.9% 3 3.4% 3.3%
 
Adjusted gross income under $50,000 O'Brien County, Iowa
County County
rank
State US
Total number federal tax returns filed 6,204 47 1,033,095 92,776,089
Number federal income tax returns with itemized contributions 721 39 118,061 12,085,101
Average adjusted gross income, returns with itemized contributions $29,275 71 $32,220 $32,553
Average itemized contribution $2,190 4 $1,416 $1,514
Average contributions as a percent of average adjusted gross income 7.5% 3 4.4% 4.7%
 
Adjusted gross income over $50,000 O'Brien County, Iowa
County County
rank
State US
Total number federal tax returns filed 1,184 55 284,540 28,921,408
Number federal income tax returns with itemized contributions 688 46 191,297 20,547,849
Average adjusted gross income, returns with itemized contributions $87,932 76 $103,854 $122,564
Average itemized contribution $4,661 5 $3,296 $3,837
Average contributions as a percent of average adjusted gross income 5.3% 3 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

  O'Brien County, Iowa
County County
rank
State US
Per capita income (nominal $), 2000 $23,730 54 $26,540 $29,760
Per capita income (nominal $), 1990 $16,709 26 $17,372 $19,572
Dollar change in per capita income, 1990-2000 $7,021 76 $9,168 $10,188
Percent change in per capita income, 1990-2000 42.0% 88 52.8% 58.6%
 
Per capita income from dividends, interest, rent (nominal $), 2000 $5,835 28 $5,483 $5,663
Percent of per capita income income from dividends, interest and rent, 2000 24.6% 23 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

  O'Brien County, Iowa
County County
rank
State US
Population, 2000 15,102 54 2,926,324 281,421,906
Population, 1990 15,444 51 2,776,831 248,709,873
Population change, 1990-2000 -342 79 149,493 32,712,033
Percent population change , 1990-2000 -2.2% 78 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

  O'Brien County, Iowa
County County
rank
State US
Average annual deaths, 2000-2002 192 47 27,836 2,422,430
Average annual deaths, 1995-1999 187 46 28,018 2,333,800
Average annual deaths, 1990-1994 195 42 27,261 2,208,400
 
Average annual death rate/1000 population, 2000-2002 12.8 23 9.5 8.6
Average annual death rate/1000 population, 1995-1999 12.1 41 9.7 8.7
Average annual death rate/1000 population, 1990-1994 12.5 32 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
  O'Brien County, Iowa
County County
rank
State US
Median age (years) 40.7 26 36.6 35.3
Number 65 or older 3,191 43 436,213 34,991,753
Percent 65 or older 21.1% 16 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

O'Brien 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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