The average annual salary for dentists increased by 11.3% between 2023 and 2024, while inflation is currently down by 19.5%.
Benchmarking
Orthodontists and dentofacial orthopedists earned the highest annual average net income out of dental specialists in private practice in 2023, according to data from the American Dental Association's Health Policy Institute.
Dentists averaged over 3,616 patient visits in 2023, a slight drop from the more than 3,798 average visits dentists had in 2022, according to data from the American Dental Association's Health Policy Institute.
The median net income for general practitioners in private practice was $185,360 in 2023, a high mark, according to data from the American Dental Association's Health Policy Institute.
The average monthly premium for dental insurance is $38.08 in Arkansas, the lowest-ranked state for dental health.
Advertisement
Private practice dentists spent an average of more than 1,750 hours in dental practices in 2023 the highest average since 2000, according to data from the American Dental Association's Health Policy Institute.
Nearly 30% of dentists said they were "not busy enough" with their workload in 2023, an increase of more than 8% from 2022, according to data from the American Dental Association's Health Policy Institute.
The average hourly gross billings for solo dentists in private practice was $572 per practice hour in 2023, an increase over $539 per hour in 2022, according to data from the American Dental Association's Health Policy Institute.
The average net income of private practice dentists is $245,060, according to data from the American Dental Association's Health Policy Institute.
The average monthly premium for dental insurance is $42.17 in Illinois, the top-ranked state for dental health.