Social well-being of income groups (based on a sociological survey in Buryatia)

The article deals with the social well-being of income groups in Buryatia. Income stratification is determined on the basis of the results of a sociological survey conducted in the republic in 2020-2021. The method of determining the median income and the subsequent identification of the relevant groups depending on the number of medians contained in the per capita monthly income of the participants of the questionnaire survey has been used. It has been established that the financial level to a certain extent affects the social well-being of the republic’s residents: the higher the income group, the more optimistic the respondents. At the same time, the degree of satisfaction with various aspects of life depends on their education, employment, aspirations, social ties, and adaptation strategies used. The conclusion is made about the need for socio-economic development of the republic to improve the welfare of the population, overcome its financial differentiation and poverty, and maintain positive social sentiments.