Median salary range for dentist? Progression?

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JakeSill

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I'm seeing starting salaries at $90-$140 working for someone? What is the progression of pay as you put in more years?

What is the median salary range for dentist?

1. Working for someone:

2. Owning you practice

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1.4 billion dollars if you are lucky!

Seriously, if that's all you care about/what motivates you then you should look at a different career
 
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I'm seeing starting salaries at $90-$140 working for someone? What is the progression of pay as you put in more years?

What is the median salary range for dentist?

1. Working for someone:

2. Owning you practice

Second-hand information here since I'm a pre-dent and not a practicing dentist. But noone else has pitched in so I figured I'd share what I know in the hope that it helps you.

I know a few dentists from my shadowing experiences. All of the below are general dentists.

1 works at a community health center and pulls down $150k/yr on a 4-day workweek. Approximately 15 yrs of experience here.
1 owns two practices and is acquiring his third one right now. He told me he made $1M/yr for the last three years. He is 45 yrs old right now (in the profession for about 15 yrs).
1 works as an owner and makes 200K/yr on a 4-day workweek. Approximately 12 yrs of experience.
1 associates for a corp and makes approximately 135K/yr. He has 10 yrs of experience but is hesitant to jump into ownership.

I know others but I can't remember right now. I hope this helps you get a general idea of the compensation range in the field.
 
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1.4 billion dollars if you are lucky!

Seriously, if that's all you care about/what motivates you then you should look at a different career

Why write this? It's not helpful. Income is a serious concern for anyone considering a profession. This is especially true of dentistry as it requires a large amount of time and money to get started.
 
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In dentistry, how much you make and how your salary progress's can vary incredibly. It depends on many things

#1 - who you are, your personality, and self confidence with people and procedures. Are you intimidated easily and afraid to challenge your self, or are you a navy seal of dentistry who can do almost anything ( of course only doing things that are really within your limits of your development during your career.). Most important are your personal skills. If you are a likable person ( sincere, personable, gentle and confident,,,,with solid skills, you will do good.)
#2. Are you content with being an associate forever, or are you willing to start or buy into a practice at some point. Associates will always make much less. Owners of a practice will always do much better, assuming the practice is busy and successful.
#3 area of practice. If you have to live in a big competitive city (NYC, Boston , Chicago, or almost anywhere in California ) you will likely struggle for a longer period vs if you are willing to live in a selective suburb or less obvious location. Do your research on location .
#4 specialty. Specialist's have the potential to make more if all of the above are done correctly. But a a general practitioner can be just as successful or more so if the above are done correctly.

These #'s are not in order of importance by the way. Just main points of importance, except for # 1

General incomes can vary from 100k ( low 5% of dental income ) to 250k ( I would say median for an average associate with some years of experience) to 350k ( median owner income) to 450k ( average specialty owner) to 750k ( top GP or specialty owner ) to 1M to 3M for a top notch specialist or ( GP owner with multiple practice sites with many associates who work for them,,,, top 5%).
These are MY estimates based on the people and practices that's I know In my general east coast suburb area.

As I described though,,, so much depends on you and how you develop your self, your skills, and the business of your practice.
In many ways running and opening a dental practice is much like opening a restaurant . You can open a restaurant and expect to make money. But if the food is not great or the service and atomoshere is not great, you will go broke fast and make nothing. If you do everything the right way,,,, egg,,,fantastic food, great service and overall a great experience and this remains consistent,,,,, the restaurant can be very very profitable. Location matters as well. Competition and # of wanting dinners is very very important as well.

Same goes for dentistry,,,, with some significant market differences that make it easier to be successful in dentistry. But the point is the same.
Good luck with all your career pursuits!
 
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Production numbers are meaningless if it's an insurance based practice. I can say I charge (and "produced") $1500/crown but if insurance pays $600 it's meaningless.
 
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Income progression is highly variable depending on location, equity and practice style.
 
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Second-hand information here since I'm a pre-dent and not a practicing dentist. But noone else has pitched in so I figured I'd share what I know in the hope that it helps you.

I know a few dentists from my shadowing experiences. All of the below are general dentists.

1 works at a community health center and pulls down $150k/yr on a 4-day workweek. Approximately 15 yrs of experience here.
1 owns two practices and is acquiring his third one right now. He told me he made $1M/yr for the last three years. He is 45 yrs old right now (in the profession for about 15 yrs).
1 works as an owner and makes 200K/yr on a 4-day workweek. Approximately 12 yrs of experience.
1 associates for a corp and makes approximately 135K/yr. He has 10 yrs of experience but is hesitant to jump into ownership.

I know others but I can't remember right now. I hope this helps you get a general idea of the compensation range in the field.

Kind of odd to have those two individuals with +15 years of experience sitting at only 135-150k. Or maybe I'm just being unrealistic. I mean, they have the experience to go for other opportunities, no?
 
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Kind of odd to have those two individuals with +15 years of experience sitting at only 135-150k. Or maybe I'm just being unrealistic. I mean, they have the experience to go for other opportunities, no?

Plenty of dentists out there like this. These are the ones stuck at $500/day rates I mentioned. They are unable to produce more than the daily minimums, so they are perpetually stuck in the day rate. There are a multitude of reasons for why this might be.
 
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Plenty of dentists out there like this. These are the ones stuck at $500/day rates I mentioned. They are unable to produce more than the daily minimums, so they are perpetually stuck in the day rate. There are a multitude of reasons for why this might be.

What are some of the reasons?
 
Income progression is highly variable depending on location, equity and practice style.

Personally I know experienced associate GPs that are stuck at $500/day in saturated markets up to $400k for a hustler experienced associate in the right location. On the specialist side I know a surgeon that made $1million last year doing corporate.

Are you saying there are associates out there who make $400k?
 
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What are some of the reasons?

Some people can't hustle and multitask. Some people spend 45min doing a simple filling because they are perfectionists. Some people have poor communications and can't sell treatment. Some people are inefficient and spend a lot of time re-doing steps and procedures. Some people have no sense of urgency. The list goes on and on. Some dentists do endo/core/crown prep in 1 appt. Some do it in 3 appts. Some dentists 2 step all endos, some don't. All kinds of different treatment philosophies.

The bottom line is you have to be a hard worker to make money in this job. It isn't enough to simply show up and say "the doctor is here".
 
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Are you saying there are associates out there who make $400k?

Yes there is. At the very high end. Ive met some. These are extreme outliers. Most associates are in the $125k-200k range.
 
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Kind of odd to have those two individuals with +15 years of experience sitting at only 135-150k. Or maybe I'm just being unrealistic. I mean, they have the experience to go for other opportunities, no?

One thing noteworthy is that those individuals in that range- one is at a CHC and the other at a corp. Neither is an owner. The one making $135K/yr at the corp produces about $2-$3,000 in dentistry a day at the corp. I do not know what the collections rate is/how good the corp is at being reimbursed, however.
 
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I'm seeing starting salaries at $90-$140 working for someone? What is the progression of pay as you put in more years?

What is the median salary range for dentist?

1. Working for someone:

2. Owning you practice


Here in southwest Louisiana a starting (promised) income is around $77,000 and in average a seasoned DDS would be around $130,000. There are others who make more of course.
Income is relative to where the practice is. I like to measure things by purchasing power rather than solid salary. A nice brand new 2,500 sq ft house goes for $200,000 around here so $130,000 is more than enough especially when there is low or no student debt (We are a military area with many GPs being former GIs that did not have to pay for school) whereas the same house in San Francisco, CA would go for several times that amount.
On the other hand , My cousin who owns his own practice in a non saturated location (and has been in business for over 25 years) was making $1,000-$1,500 a day the last time we talked but this included very long days.
 
Some people can't hustle and multitask. Some people spend 45min doing a simple filling because they are perfectionists. Some people have poor communications and can't sell treatment. Some people are inefficient and spend a lot of time re-doing steps and procedures. Some people have no sense of urgency. The list goes on and on. Some dentists do endo/core/crown prep in 1 appt. Some do it in 3 appts. Some dentists 2 step all endos, some don't. All kinds of different treatment philosophies.

The bottom line is you have to be a hard worker to make money in this job. It isn't enough to simply show up and say "the doctor is here".

Does the quality of dentistry vary as much as the treatment time? Hopefully litigation is robust enough to shut down chop-shops.
 
Does the quality of dentistry vary as much as the treatment time? Hopefully litigation is robust enough to shut down chop-shops.

Yes quality varies tremendously. I've seen some really bad dentistry. It's everywhere. Especislly at the corporate joints with high doc turnover, but really it's all over. Pretty sad part of this job. Disgrace to the profession. Litigation does nothing to keep these players out.
 
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Does the quality of dentistry vary as much as the treatment time? Hopefully litigation is robust enough to shut down chop-shops.

Sucks that in real life your employers only care about your speed and production.

I don't think that's what a lot of people realize. In order to be rich, you gotta be able to do the procedures fast and gotta find people who are willing to pay for high paying procedures. If your stuck with low paying procedures, then you gotta go with volume and speed then.

Also, working your butt to be clinically competent in dental school is not enough. After dental school, you are really not set for life. After school, you gotta do procedures at high speed to be successful.
 
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I'm seeing starting salaries at $90-$140 working for someone? What is the progression of pay as you put in more years?

What is the median salary range for dentist?

1. Working for someone:

2. Owning you practice

If you work for a successful dental private practice you can earn a average salary of $250-500k a year
If you own your own successful dental private practice you can earn a average salary of $700,000k -1.5 mil a year
My uncle owns 3 of his own successful dental private practices and makes about 1.5 mil a year. I was astonished and couldn't believe it.
My dad owns 5 of his own successful dental private practices and makes about 1 mil a year. He doesn't make as much as my uncle as they live in different areas, my uncle lives in a prosper area of business, and my father lives in a less prosper area, however, he still makes a ton. I always used to think dentists who work for clinics make about 150k a year, however, after asking around, I've realized that if you're successful you can make a ton more.
 
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1.4 billion dollars if you are lucky!

Seriously, if that's all you care about/what motivates you then you should look at a different career
Why would you say that?! For a person graduating with so much debt would be silly not to think about the numbers.
 
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If you work for a successful dental private practice you can earn a average salary of $250-500k a year
If you own your own successful dental private practice you can earn a average salary of $700,000k -1.5 mil a year
My uncle owns 3 of his own successful dental private practices and makes about 1.5 mil a year. I was astonished and couldn't believe it.
My dad owns 5 of his own successful dental private practices and makes about 1 mil a year. He doesn't make as much as my uncle as they live in different areas, my uncle lives in a prosper area of business, and my father lives in a less prosper area, however, he still makes a ton. I always used to think dentists who work for clinics make about 150k a year, however, after asking around, I've realized that if you're successful you can make a ton more.


First year out as an associate. It all comes down to location, patient pool, personality, case acceptance rate, case presentation skills, connection to patients, scope of practice, confidence, speed, team work with assistants, hard work, commitment to learn new things / master your skills / constantly develop your career with endless CEs.

I made 300+k as a recent grad. My senior associates make $450. My boss makes tons more. As a gp, I make more than most of recent grad endo, perio, ortho and pedo around me. I am still in my 20's.

I believed in 120 -150 range until I started my first associate job. So do not lower your standard. We have so much loans to pay off.
 
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1.4 billion dollars if you are lucky!

Seriously, if that's all you care about/what motivates you then you should look at a different career
Why is there always someone who is the first to respond with this obnoxious and unhelpful comment, can we stop these please?

Asking how much you can expect to make as an associate right out of school is extremely important. I mean we are getting 250-500k in debt to go to school here and would like to have an idea... So put your judgement away it's not helpful.
 
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Second-hand information here since I'm a pre-dent and not a practicing dentist. But noone else has pitched in so I figured I'd share what I know in the hope that it helps you.

I know a few dentists from my shadowing experiences. All of the below are general dentists.

1 works at a community health center and pulls down $150k/yr on a 4-day workweek. Approximately 15 yrs of experience here.
1 owns two practices and is acquiring his third one right now. He told me he made $1M/yr for the last three years. He is 45 yrs old right now (in the profession for about 15 yrs).
1 works as an owner and makes 200K/yr on a 4-day workweek. Approximately 12 yrs of experience.
1 associates for a corp and makes approximately 135K/yr. He has 10 yrs of experience but is hesitant to jump into ownership.

I know others but I can't remember right now. I hope this helps you get a general idea of the compensation range in the field.
Did you ask them how much they made?
 
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Why is there always someone who is the first to respond with this obnoxious and unhelpful comment, can we stop these please?

Asking how much you can expect to make as an associate right out of school is extremely important. I mean we are getting 250-500k in debt to go to school here and would like to have an idea... So put your judgement away it's not helpful.
Welcome to SDN mate. I'm always hopeful to see a thread where the 1st few comments are not just comical remarks and members are actually helping the person asking for help. That's saying something.
 
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First year out as an associate. It all comes down to location, patient pool, personality, case acceptance rate, case presentation skills, connection to patients, scope of practice, confidence, speed, team work with assistants, hard work, commitment to learn new things / master your skills / constantly develop your career with endless CEs.

I made 300+k as a recent grad. My senior associates make $450. My boss makes tons more. As a gp, I make more than most of recent grad endo, perio, ortho and pedo around me. I am still in my 20's.

I believed in 120 -150 range until I started my first associate job. So do not lower your standard. We have so much loans to pay off.

Where do you practice? I'm trying to decide where to practice right now, I'm willing to move anywhere to follow the money.
 
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