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I think someone said that the national average overall for general dentists was about 115K.... Im sure that a rookie though would probably be a under that though.
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I don't know of many salaried positions in private practice, but here we go:
If you are going to be an associate and work for a dentist, you are usually paid on your collections. Typically this is from 30-40% with 35% being the norm. From this is deducted a certain amount from lab work(I.E. crowns dentures,etc). So, in order for you to earn 100k for instance working 220 days a year you would need to produce roughly $1400/day(not including lab costs). Now, this is easy to do, but a lot of practices don't allow for that sort of production until you are well established in the practice. Sometimes they will offer a draw against your production(I.E. give you $400/day or something and resolve any differences at the end of the month). I am not saying that 90k or even 100k isn't possible, but you have to work hard at producing. Mind you, when I gave you that production of $1400/day that means that you are totally fee for service. If you take any sort of insurance there is always a deduction due to the fact that they never pay what you charge for a procedure so that production number may go up. I hope I haven't confused anyone.
If you are going to be an associate and work for a dentist, you are usually paid on your collections. Typically this is from 30-40% with 35% being the norm. From this is deducted a certain amount from lab work(I.E. crowns dentures,etc). So, in order for you to earn 100k for instance working 220 days a year you would need to produce roughly $1400/day(not including lab costs). Now, this is easy to do, but a lot of practices don't allow for that sort of production until you are well established in the practice. Sometimes they will offer a draw against your production(I.E. give you $400/day or something and resolve any differences at the end of the month). I am not saying that 90k or even 100k isn't possible, but you have to work hard at producing. Mind you, when I gave you that production of $1400/day that means that you are totally fee for service. If you take any sort of insurance there is always a deduction due to the fact that they never pay what you charge for a procedure so that production number may go up. I hope I haven't confused anyone.
National average for general dentists is actually closer to $140k.
Dentists held about 152,000 jobs in 2000. Almost all dentists work in private practice. Median annual earnings of salaried dentists were $129,030 in 2000. Earnings vary according to number of years in practice, location, hours worked and specialty.
Self-employed dentists in private practice tend to earn more than do salaried dentists. A relatively large proportion of dentists is self-employed.
http://www.usatoday.com/money/jobcenter/profiles/dentists.htm
Self-employed dentists in private practice tend to earn more than do salaried dentists. A relatively large proportion of dentists is self-employed.
http://www.usatoday.com/money/jobcenter/profiles/dentists.htm
jam21 - not necessarily. Cities in the NE have more dentists than they need and places in Georgia and Mississippi probably have places hurting for dentists. So there is potential for a higher income with fewer competitors in GA and MS.
I am in the process of my undergrad work, and have performed light research in the field of dentistry. I have read a little bit of everything posted here except quoted from Princeton Review. I don't know how accurate the information is; however, I understand Princeton Review to be a worthy source. Well are you ready for the details??? Here goes nothing:
😱 😱 😱 😱 😱 😱 😱 😱
# of people in profession: 164,000
Average hours per week: 50
Average starting salary: $50,000
Average salary after 5 years: $80,000
Average salary after 10 to 15 years: $122,000
I hope those figures were a bunch of numerical b.s.
Would appreiciate a respective amount of replies regarding this post...
Here is the site where you can access this info.http://www.princetonreview.com/college/research/majors/careers.asp?MajorID=223
😱 😱 😱 😱 😱 😱 😱 😱
# of people in profession: 164,000
Average hours per week: 50
Average starting salary: $50,000
Average salary after 5 years: $80,000
Average salary after 10 to 15 years: $122,000
I hope those figures were a bunch of numerical b.s.
Would appreiciate a respective amount of replies regarding this post...
Here is the site where you can access this info.http://www.princetonreview.com/college/research/majors/careers.asp?MajorID=223
I cut and pasted these from the ADA website.
How Much Does a Dentist Earn?
In 1999, the average earnings for a general practitioner who owns his/her practice was $158,080; the average earnings for a dental specialist was $240,500
Average income of a dentist -- highest 5% of U.S. family income
Opportunities Available
Description: ARIZONA--Dentist
Also seeking Associate Dentists (compensation range of $75,000 to $95,000)
$85K - $120K based upon experience with full benefits including low cost housing.
Opportunities Available
Description: FLORIDA--DENTIST Rate of pay is $50.00 per hour
Opportunities Available
Description: FLORIDA--Escambia County (Pensacola) General Dentistry position with the Health Department. Career service with leave, insurance and benefits. Salary range: $66,546.00 to $166,615.00.
Opportunities Available
Description: FLORIDA--Assistant Professor, Periodontics. Provide didactic, clinical and research supervision for students in an academic program; perform research; and engage in service activities. Position requires DDS or DMD degree; one-year experience with publication record in peer evaluated journals and record of presentations. Minimum salary: $39,000.00.
Opportunities Available
Description: GEORGIA--Associate Position Available. Are you tired of managed care? Ready to make a living? Atlanta, Sandy Springs, M-Th, $200K plus /yr. Digital and paperless. New equipment, five star products.
GEORGIA--Associate Dentists. Exciting opportunity available in Atlanta area for motivated professionals committed to clinical excellence. Starting base income $10-14K/month with superior benefits package.
ILLINOIS--DENTIST Practice Opportunity. Vienna Correctional Center in Vienna, IL and Wexford Health Sources is seeking a Dentist to cover 30-hours a week at the Prison
How Much Does a Dentist Earn?
In 1999, the average earnings for a general practitioner who owns his/her practice was $158,080; the average earnings for a dental specialist was $240,500
Average income of a dentist -- highest 5% of U.S. family income
Opportunities Available
Description: ARIZONA--Dentist
Also seeking Associate Dentists (compensation range of $75,000 to $95,000)
$85K - $120K based upon experience with full benefits including low cost housing.
Opportunities Available
Description: FLORIDA--DENTIST Rate of pay is $50.00 per hour
Opportunities Available
Description: FLORIDA--Escambia County (Pensacola) General Dentistry position with the Health Department. Career service with leave, insurance and benefits. Salary range: $66,546.00 to $166,615.00.
Opportunities Available
Description: FLORIDA--Assistant Professor, Periodontics. Provide didactic, clinical and research supervision for students in an academic program; perform research; and engage in service activities. Position requires DDS or DMD degree; one-year experience with publication record in peer evaluated journals and record of presentations. Minimum salary: $39,000.00.
Opportunities Available
Description: GEORGIA--Associate Position Available. Are you tired of managed care? Ready to make a living? Atlanta, Sandy Springs, M-Th, $200K plus /yr. Digital and paperless. New equipment, five star products.
GEORGIA--Associate Dentists. Exciting opportunity available in Atlanta area for motivated professionals committed to clinical excellence. Starting base income $10-14K/month with superior benefits package.
ILLINOIS--DENTIST Practice Opportunity. Vienna Correctional Center in Vienna, IL and Wexford Health Sources is seeking a Dentist to cover 30-hours a week at the Prison
