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Does a Dental Practice Owner Make? – Dental Buyer Advocates

Question: How much does a dental practice owner make?

Answer: On average, a dental practice owner in the U.S. makes $335,207 per year.

Now hold on, don’t leave just yet! As with other average numbers we’ve talked about recently, the answer without context isn’t really an answer at all. So let’s dig into this one. How much can a dental practice owner expect to make?

We come to our $335K number (we’ll round it to that from here on out) because we know that the average dental practice in the U.S. makes $879,810 per year, and the average practice profit margin is 61.9%. A bit of simple arithmetic, and voilà, we have our average owner’s take-home pay.

Again, that’s an average number. There are plenty of practices out there with annual collections under $500K; likewise, there are many practices bringing in over $1M a year. And I guarantee that not a single one of their owners feels overpaid ― they all feel (rightly!) like they earned their salary. To understand why, let’s compare an owner’s take-home pay with that of a typical associate.

A dentist can make good money as an associate. If a typical associate takes home, say, 30% of her production, that’s not bad! If that associate dentist is producing $600K of dental work annually, that’s $180K in her pocket. That’s a comfortable living.

And that’s just from practicing dentistry. You know what an associate doesn’t have to worry about?

  • Advertising and attracting new customers.
  • Hiring, firing, and managing employees.
  • Equipment, computers, dental supplies, etc.
  • Bills, building lease or mortgage.

And the list goes on. So the question may be less “How much does an owner make?” and more “Is it worth it to make the jump to ownership?” And the answer is “Yes! If…” In our hypothetical scenario, our associate is taking home 30% of her production. So making the jump to ownership makes sense for that associate if the practice she purchases has a profit margin over 30%.

This isn’t a given! I know of many dental practices with overhead over 70%, and therefore profits under 30%. It’s all about controlling overhead. I’ve written about this elsewhere, so I won’t belabor the point, but controlling overhead is vital for making ownership worth any potential headaches.

For now, let’s go back to something I mentioned earlier, that no practice owner feels underpaid.

Dental practice owners feel like they earned their salary because … well because, frankly, they have. Owners have to consider all of the variables mentioned above, plus many others, to make sure that the practice runs smoothly and the money keeps coming in. But let’s flip the script on that and look at it another way. Yes, ownership comes with a lot of responsibility. But you could just as easily call that “control.” An owner has control over the practice in a way that associates cannot.

Compensation is about more than just money. Control is part of that compensation. If you’re an associate dentist, there are almost certainly things you’d like to change in your practice:

  • Hours
  • Schedule
  • Which patients to accept
  • Which insurance to accept
  • Treatment plans
  • Office/hygiene staff

The only problem? The associate can’t really do anything about it, other than find another practice to work in. The owner, though? The owner makes all of those decisions. For many dentists, this kind of control over the day-to-day operations and culture in the practice is worth as much as or more than the financial compensation.

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So, we come back to our original question. Is dental practice ownership worth it? Do owners make more than associates? Do they make enough more that it’s worth all the extra responsibility? The answer is partly a cold, numerical calculation: can you, as an owner, control your overhead and make the practice as profitable as possible?

But perhaps more importantly, does ownership, with all of its freedom and responsibility, seem worth it to you? Does it fit the lifestyle you want?

If ownership is in your future, and I think it should be, then just be sure to find the right practice to buy, and let me know when you’re ready to take that plunge. I’ll help you make it happen.

Read More:

Facility Costs for Dental Practices – How Much SHOULD You Pay? | Evaluating a Dental Practice to Buy

Be a Due Diligence Ninja and Pay Attention to These 4 Things When Buying a Dental Practice

Identifying Habits of Successful Dental Practices | Negotiating a Dental Practice Purchase

Extra Information About how much does a dentist practice make That You May Find Interested

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How Much Does a Dental Practice Owner Make?

How Much Does a Dental Practice Owner Make?

  • Author: dentalbuyeradvocates.com

  • Rating: 3⭐ (880025 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 1⭐

  • Sumary: Question: How much does a dental practice owner make?

  • Matching Result: Answer: On average, a dental practice owner in the U.S. makes $335,207 per year. Now hold on, don’t leave just yet! As with other average …

  • Intro: How Much Does a Dental Practice Owner Make? – Dental Buyer Advocates Question: How much does a dental practice owner make? Answer: On average, a dental practice owner in the U.S. makes $335,207 per year. Now hold on, don’t leave just yet! As with other average numbers we’ve talked about recently, the answer without context isn’t really an answer at all. So let’s dig into this one. How much can a dental practice owner expect to make? We come to our $335K number (we’ll round it to that from here on out) because we know that the average dental practice…
  • Source: https://www.dentalbuyeradvocates.com/how-much-does-a-dental-practice-owner-make/

How Dentists Can Earn More and Stress Less [Infographic]

How Dentists Can Earn More and Stress Less [Infographic]

  • Author: dentalcarealliance.net

  • Rating: 3⭐ (880025 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 1⭐

  • Sumary: What’s going on with dentists’ incomes? Median income has dropped significantly since 2005, and has even dipped since the end of the Great Recession in 2009, according to a recent analysis b

  • Matching Result: The report, which was based on data from the American Dental Association and the Bureau of Labor Statistics, found that dentists’ median income is now $205,000 …

  • Intro: How Dentists Can Earn More and Stress Less [Infographic] | Dental Care Alliance What’s going on with dentists’ incomes? Median income has dropped significantly since 2005, and has even dipped since the end of the Great Recession in 2009, according to a recent analysis by the Levin Group Data Center. The report, which was based on data from the American Dental Association and the Bureau of Labor Statistics, found that dentists’ median income is now $205,000 ($193,000 for a general practitioner; $276,000 for a specialist), down from $216,000 in 2005. A key insight from the report is that incomes are…
  • Source: https://www.dentalcarealliance.net/dental-practice-news/how-dentists-can-earn-more-and-stress-less-infographic/

How Much do Dentists Make if They Own Their Own Practice?

How Much do Dentists Make if They Own Their Own Practice?

  • Author: projectionhub.com

  • Rating: 3⭐ (880025 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 1⭐

  • Sumary: When making the decision if starting your own Dental practice instead of working for another one, it is vital to understand not only how much money you can earn, but also all of the other financial data that will impact profitability.

  • Matching Result: According to Cloud Dentistry the average dentist that is employed at a dental office makes an annual salary of approximately $170,000; whereas, the average …

  • Intro: How Much do Dentists Make if They Own Their Own Practice?According to Cloud Dentistry the average dentist that is employed at a dental office makes an annual salary of approximately $170,000; whereas, the average dentist that owns their own practice makes an average of $175,000.  So if you are a dental associate at another practice you are probably wondering whether it is worth it to simply work as an employee, or should you try to launch your own practice?  Clearly based on this data the $5,000 increase in annual salary is not worth the risk to launch your own practice, so…
  • Source: https://www.projectionhub.com/post/how-much-do-dentists-make-if-they-own-their-own-practice

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The Annual Dentist Salary Survey Results for 2022 is Out!

The Annual Dentist Salary Survey Results for 2022 is Out!

  • Author: dentalpost.net

  • Rating: 3⭐ (880025 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 1⭐

  • Sumary: The annual Dental Salary Survey is out now! Click to view the results for 2022 and see how you compare. DentalPost surveyed over 13,000 dental professionals nationwide about their salaries.

  • Matching Result: $300K average salary of dentists who are “satisfied” with their annual income. 29% of dentists said they are “not satisfied” when their average reported income …

  • Intro: The Annual Dentist Salary Survey Results for 2022 is Out! – DentalPost Dentist Overview From late July through early September 2021, DentalPost conducted the largest and most comprehensive dental professional salary survey of its kind, generating participation from more than 13,000 dental professionals nationwide. From compensation to work environments to the job turnover rate, here are some of the latest takeaways from responding dentists. Our survey revealed dentists are working harder than last year with 18% working more than 40 hours a week and only 11% planning to retire next year. There is a large variance between general dentists who…
  • Source: https://www.dentalpost.net/salary-survey/dentist-results/

Average Dentist Salary [Practice Owners and Associates]

Average Dentist Salary [Practice Owners and Associates]

  • Author: studentloanplanner.com

  • Rating: 3⭐ (880025 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 1⭐

  • Sumary: Compare the average dentist salary in different states, both as an associate versus practice owner and against the cost of dental school.

  • Matching Result: Scaling a practice definitely pays off even more though. A practice owner who has at least one more dentist working for them earns $235,000 on …

  • Intro: What the Average Dentist Salary Really Amounts to (After Factoring in Dental School Debt)Dentists rank right near the top of two financial categories, one of which is good and the other is not so good. Any guesses? The answer is that the average dentist salary is among the top paid professionals out there (good). But dentists also graduate with more student debt than most other professionals (bad). So, does the opportunity to earn a great salary offset the debt? Key factors in this equation, especially for general dentists, include what part of the country the dentist practices in and whether…
  • Source: https://www.studentloanplanner.com/average-dentist-salary/

How Much Does a Dentist Really Make? - ADA Marketplace

How Much Does a Dentist Really Make? – ADA Marketplace

  • Author: marketplace.ada.org

  • Rating: 3⭐ (880025 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 1⭐

  • Sumary: Find or list dental products, practices for sale and professional services classifieds in ADA Marketplace.

  • Matching Result: How Much Does a Dentist Make? … According to US News & World Report, the median dentist salary is $153,900 per year. Meanwhile, the average income for most …

  • Intro: ADA Marketplace – American Dental Association Every profession has its top earners and its bottom earners, even the field of dentistry. Some dentists make millions of dollars, have an office located on Park Avenue in Manhattan, and travel around the world. Meanwhile, there are others who struggle to earn $60,000 per year. This makes you wonder exactly why there is such a huge discrepancy between two people who are practicing the same profession. While some factors such as geographical location, make a difference, it’s more than that. In order to solve this puzzle, we did some research. Keep reading to…
  • Source: https://marketplace.ada.org/blog/dental-careers/how-much-does-a-dentist-really-make/

Dental Practice Administrator Salary in Boston, Massachusetts

Dental Practice Administrator Salary in Boston, Massachusetts

  • Author: salary.com

  • Rating: 3⭐ (880025 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 1⭐

  • Sumary: The average Dental Practice Administrator salary in Boston, Massachusetts is $82,701 as of November 23, 2022, but the salary range typically falls between $70,880 and $94,032.

  • Matching Result: The base salary for Dental Practice Administrator ranges from $70,701 to $93,795 with the average base salary of $82,492. The total cash compensation, which …

  • Intro: Dental Practice Administrator Salary in Boston, Massachusetts | Salary.com How much does a Dental Practice Administrator make in Boston, MA? The average Dental Practice Administrator salary in Boston, MA is $82,701 as of November 23, 2022, but the salary range typically falls between $70,880 and $94,032. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  Recently searched related titles: Fund Development Manager, Hyperion Analyst, Assistant To…
  • Source: https://www.salary.com/research/salary/recruiting/dental-practice-administrator-salary/boston-ma

Dental Practice Manager Salary in Boston, Massachusetts

Dental Practice Manager Salary in Boston, Massachusetts

  • Author: salary.com

  • Rating: 3⭐ (880025 rating)

  • Highest Rate: 5⭐

  • Lowest Rate: 1⭐

  • Sumary: The average Dental Practice Manager salary in Boston, Massachusetts is $82,433 as of November 23, 2022, but the salary range typically falls between $69,392 and $97,122.

  • Matching Result: The base salary for Dental Practice Manager ranges from $69,392 to $97,122 with the average base salary of $82,433. The total cash compensation, which includes …

  • Intro: Dental Practice Manager Salary in Boston, Massachusetts | Salary.com How much does a Dental Practice Manager make in Boston, MA? The average Dental Practice Manager salary in Boston, MA is $82,433 as of November 23, 2022, but the salary range typically falls between $69,392 and $97,122. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  Damian D. Meola, DMD & Associates – Waltham , MA Dental…
  • Source: https://www.salary.com/research/salary/posting/dental-practice-manager-salary/boston-ma

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Frequently Asked Questions About how much does a dentist practice make

If you have questions that need to be answered about the topic how much does a dentist practice make, then this section may help you solve it.

How lucrative is running a dental office?

The average dental practice with one dentist can bring in $41,600 annually.

What kind of dentist earns the most money?

maxillofacial and oral surgeons

Is dental work still lucrative?

Yes, dentistry can still be a lucrative and wise financial decision, and the average dentist’s salary isn’t bad at all, but for many new dentists, the margin of error is smaller than it has ever been. This is why I get asked this question so frequently: “Is dental school worth it?”

The majority of dentists run their own offices?

Female dentists have consistently been less likely than male dentists to own their practice, and in 2021, younger dentists were attaining ownership at a lower rate compared to 2005. Over the years, practice ownership among dentists in private practice has been declining, dropping from 84.7% in 2005 to 73.0% in 2021.

Are dentists paid more than physicians?

It is possible for some types of dentists to earn more than some doctors, but generally speaking, dentists do not out-earn doctors. The BLS lists an average annual income of 14,370 for family and general practitioners in its May 2020 report.

Is it financially worthwhile to become a dentist?

For those who want to spend eight years in college to become professionals and earn a mean annual salary between 80,830 and 37,990, dental school is worthwhile because it leads to a well-paying and honorable profession.

Are dentists generally millionaires?

Two out of three dentists responded that they do not consider themselves to be wealthy in a recent survey conducted by The Wealthy Dentist, citing the high cost of the field as one of the reasons.

Which dentist has the lowest pay?

The highest-paid 10% of dentists made at least 08,000 in the same year, while the lowest-paid 10% made 3,880. The Bureau of Labor Statistics predicts a 6% increase in dentist employment between 2021 and 2031.

Can a dentist become rich?

While some dentists struggle to make $0.000 per year, others make millions of dollars, have offices on Park Avenue in Manhattan, and travel the world.

The Kardashians’ dentist, who is she?

Celebrity Gallerybr> br> Kim Kardashian, Shaun White, Charlie Sheen, Elle MacPherson, George Lopez, and Britney Spears are just a few of the most well-known celebrities that Los Angeles cosmetic dentist Kevin Sands, DDS has treated.

What dentist does Cardi B use?

They’re from “Bodak Yellow,” the rapper’s breakout song. But they’re also validation for Cardi’s dentist, Catrise Austin, whose entrepreneurial ingenuity led her to fix those teeth.

What dentist does Angelina Jolie use?

Only the most skilled, committed, and deserving dentists are given this prestigious award by the Top Dentist Division of the USA Top Docs, and Dr. Michael J. Wei, a cosmetic dentist in Manhattan, has received it for 2022.

What was the price of 69 teeth?

We’re told 6ix9ine spent upwards of $2,000 for the procedure, which included 12 top teeth and 12 more on the bottom, giving him a quick route to a nearly flawless smile. Not a bad way to treat himself after showing his family in Mexico some love.

Tom Cruise’s dentist, who is she?

Tom Cruise’s teeth are straightened with Invisalign thanks to cosmetic dentists Elisa Mello, DDS, and Ramin Tabib, DDS, whose New York practice, NYC Smile Design, provides Invisalign, clear braces, smile makeovers, laser teeth whitening, and dental implants in Manhattan.

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