I was under the impression that Ortho made the most money. And that orthodontistry automatically translated to big bucks. I got a major dose of reality when it came to Ortho. Not only do you endure a residency, you pay for it as well. In addition, setting up an ortho practice requires a lot of overhead. Their overhead is very high. In addition, orthodontists see a set number of patients. They don't acquire a ton of new patients like general dentists. Their patients come in for tune-ups each month etc. Granted, each patient could translate anywhere from 2k-5K depending upon the work rendered, location and reputation of the orthodontist. Still, it takes much longer to set up and establish a practice as an orthodontist.
Therefore, if you do orthodontistry, do it because you are interested in it. Don't do it for the money. You can make more money in Endo and general dentistry than Ortho believe it or not.
You will always make a great living as an Ortho. I don't know of any Ortho's earning less than 200K per year. At the same time, orthodontists don't automatically pull down 500K like many students believe. I spoke to one orthodontist here and he said that he would be lucky to acquire 4 new patients a week. Assuming he is charging each patient 4K, that's 16,000 per week in GROSS REVENUE. That's a little over 600K in gross revenue per year. That seems like a lot but when you account for their overhead. In addition, they can't keep adding new patients. Eventually, ortho's have to settle on a number because of time constraints. So you can actually cap your earnings as an ortho. They also require more staff than general dentists as well.
I know many general dentists whose gross revenue is easily around 500K per year. Top earners can gross around 1.5 million per year. This is GROSS not Net pay, I should add. 🙂