The rich are still getting richer in the U.S., with the wealthiest 10% controlling three-quarters of all family wealth south of the border.
U.S. family wealth totaled $67 trillion in 2013.
But a report released Thursday from the Congressional Budget Office suggested that pie is not equally sliced.
The report showed the top 10% of families -- those who had at least $942,000 U.S. -- held 76% of total wealth. The average amount of wealth in this group was $4 million.
Everyone else in the top 50% of the country accounted for 23% of total wealth, with an average of $316,000 U.S. per family. That leaves just 1% of the total pie for the entire bottom half of the population.
The CBO found the average held was $36,000 for families that fell in the 26th to 50th percentiles. But if they fell in the bottom quarter, they had zero wealth and in fact, were $13,000 in debt on average.
Age and education made a difference in wealth accumulation.
Not surprisingly, wealth was higher for households headed by someone 65 or older. Median wealth for these families was $211,000, or almost three-and-a-half times higher than the median for households run by someone 35 to 49.
