Yes, he is very popular but its a interesting and rather multi layered situation in Russia support wise compared to other countries.
Have a read of this, this article is a fair reflection of my wife's very large middle class extended family here in Russia,their wages have gone up as described in the article but so has inflation and gas prices petrol etc and its better but niggles about corruption are appearing much more as well such as power companies seizing pensioners flats for unpaid power bills, a silly thing to do to the grandma of one of senior commanders of the elite parachute regiment, they can get angry!!!!One family membered retired from the army at 45 with Us$600 (double average wage) per month double the average wages and index linked...... is it sustainable?
Its a complex situation and hard to grasp it all'
I can tell you that Russian TVnews (in russian) would amaze you with some of the stuff that is being said and yes Fox News is bad as well but boy it's amazing sometimes, even Ozzie gets a "not so honorable mention" as well.
Article:
The middle class is the mainstay of Russia's society, as well as the greatest threat to the country's political regime.
Putin Can't Afford His Middle Class Base | Opinion | The Moscow Times