Residents’ economic situation: household finances

What impact has the Coronavirus (COVID-19) outbreak had on your 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.

Total sample


Age

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

Gender

Males were more likely to report a positive impact whilst females felt it had a negative impact on their household finances.

Household income


Household composition

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).