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:
