The truth about how Virginians are feeling about their current economic security

Freedom Virginia’s launched their first poll in early 2022 to find out the truth about how Virginians are feeling about their current economic security.

 

Key Findings

A poll from Change Research of 1,057 registered voters in Virginia from February 24-28, 2022 shows:
● In general, Virginians are extraordinarily concerned about the economy and what it means for their own financial security.
● Many say that their expenses are rising at a faster rate than their income. More than two-thirds (68%) say that their personal financial situation is the same or worse than it was two years ago, while just 29% say their situation is better and 3% are not sure.
● Inflation is at the root of Virginians’ worries. An overwhelming majority (83%) of respondents say that inflation and recent cost increases have impacted their day-to-day life. Lower-income households have felt this the most, but more than two-thirds (70%) of Virginians with household incomes of $100,000 or more say they have been impacted by inflation and rising costs.
● Those with annual incomes below $50,000 worry about paying for groceries and other essentials in the here and now (55% selected this as a concern), while those with annual incomes above $100,000 are worried about retirement (39% selected this as a concern). 35% of respondents across all income levels say that paying for healthcare services and health insurance is a top worry.
● Voters support policies that provide financial relief, including lowering the cost of prescription medicines (84% support, 5% oppose), and lowering electric bills (77% support, 7% oppose).
● In the waning days of the legislative session, voters express support for increasing state tax refunds for lower-income Virginians (65% support, 17% oppose), and expanding K-12 education funding (65% support, 23% oppose).

 

Read the full poll data here:

Virginia Economic Security Poll Results 

Ricardo Rodriguez Espinoza

Ricardo Rodriguez Espinoza

Designer and Illustrator

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