Household finances
Summary
- The Covid-19 outbreak had no impact on the household finances of just under half of residents.
- Similar proportions of respondents reported that the outbreak had a positive (26%) and a negative (28%) impact on their household finances.
- Lower income households were hardest hit; 41% of those earning less than £20,000 said that the Covid-19 outbreak had a negative impact on their household finances.
- Higher earning households were more likely to see a positive impact; 42% of those earning £60,000+ found it had a positive impact.
Total sample
Base 1,923
This chart shows that the Covid-19 outbreak had no impact on the household finances of just under half of residents (46%) and that similar proportions of residents reported that the outbreak had a positive (26%) and a negative (28%) impact.
Age
Base 1,891
This chart shows that residents in the 25-44 year old age groups were hardest hit; Covid-19 had a negative impact on the household finances for over a third of them (36%). Older age groups were least affected; 64% of residents aged 65+ reported no impact.
Age
People in the 25-44 year old age groups were hardest hit; Covid-19 had a negative impact on the household finances for over a third of them. Older age groups were least affected.
Gender
Base 1,849
This chart shows that males were more likely to report a positive impact (31% compared to 22% of females) whilst females felt it had a negative impact on their household finances (30% compared to 24% of males).
Gender
Males were more likely to report a positive impact whilst females felt it had a negative impact on their household finances.
Household income
Base 1,524
This chart shows that lower income households were hardest hit; 41% of those earning less than £20,000 said that the Covid-19 outbreak had a negative impact on their household finances (compared to 17% of those earning £60,000+).
Household composition
Base 1,897
This chart shows that households with children suffered more from the outbreak; 40% reported a negative impact on household finances (compared to 24% of those with no children).
Household composition
Households with children suffered more from the outbreak; 40% reported that the outbreak had a negative impact on their household finances (compared to just 24% of those with no children).
