Average Dentist Income by Role
| Role | Gross Revenue/Billings | Overhead | Net Income | Notes |
|---|---|---|---|---|
| Associate (new graduate) | N/A (paid %) | 0% (owner covers) | $120,000–$160,000 | Typically 40–45% of billings collected |
| Associate (experienced) | N/A | 0% | $150,000–$220,000 | 40–50% of billings |
| Practice owner (solo) | $600,000–$1,000,000 | 60–70% | $180,000–$400,000 | Higher risk, builds equity |
| Practice owner (group) | $1,000,000–$3,000,000+ | 60–70% | $200,000–$500,000+ | Economies of scale |
| Corporate dentist (employee) | N/A (salaried) | 0% | $130,000–$200,000 | Less autonomy, no equity |
Income by Specialty
| Specialty | Gross Billings | Overhead | Net Income | Training Beyond DDS |
|---|---|---|---|---|
| General dentistry (owner) | $700,000–$1,200,000 | 60–70% | $210,000–$480,000 | None |
| Orthodontics | $800,000–$1,500,000 | 55–65% | $280,000–$675,000 | 2–3 years |
| Oral & maxillofacial surgery | $700,000–$1,200,000 | 50–60% | $280,000–$600,000 | 4–6 years |
| Prosthodontics | $600,000–$1,000,000 | 60–70% | $180,000–$400,000 | 3 years |
| Endodontics (root canal) | $600,000–$1,000,000 | 55–65% | $210,000–$450,000 | 2–3 years |
| Periodontics | $500,000–$900,000 | 55–65% | $175,000–$405,000 | 3 years |
| Pediatric dentistry | $500,000–$900,000 | 60–70% | $150,000–$360,000 | 2–3 years |
| Oral pathology/radiology | $200,000–$350,000 | Low (academic) | $150,000–$300,000 | 3 years |
Dentist Income by Province
| Province | Associate Income | Owner Net Income | Fee Guide Level | Notes |
|---|---|---|---|---|
| Alberta | $150,000–$220,000 | $200,000–$450,000 | Highest | No fee guide cap, unregulated fees |
| Ontario | $130,000–$200,000 | $180,000–$400,000 | High | Largest market, competitive |
| British Columbia | $130,000–$190,000 | $170,000–$380,000 | High | Competitive market |
| Saskatchewan | $140,000–$200,000 | $180,000–$350,000 | Moderate-High | Less competition, rural demand |
| Manitoba | $130,000–$180,000 | $160,000–$320,000 | Moderate | Smaller market |
| Quebec | $110,000–$170,000 | $150,000–$300,000 | Lower | Lower fee schedule, higher taxes |
| Nova Scotia | $120,000–$170,000 | $150,000–$300,000 | Moderate | Growing market |
| New Brunswick | $110,000–$160,000 | $140,000–$280,000 | Moderate | Rural opportunities |
Overhead Breakdown for Dental Practice Owner
| Expense | % of Gross Revenue | On $800K Gross |
|---|---|---|
| Staff salaries (hygienists, assistants, admin) | 25–30% | $200,000–$240,000 |
| Dental supplies and lab fees | 10–14% | $80,000–$112,000 |
| Rent/occupancy | 5–10% | $40,000–$80,000 |
| Equipment leases/depreciation | 4–7% | $32,000–$56,000 |
| Insurance (malpractice, business) | 1–3% | $8,000–$24,000 |
| Administrative/technology | 2–4% | $16,000–$32,000 |
| Marketing | 1–3% | $8,000–$24,000 |
| Continuing education | 0.5–1% | $4,000–$8,000 |
| Total overhead | 60–70% | $388,000–$576,000 |
| Net before tax | 30–40% | $224,000–$412,000 |
Associate vs Owner: Career Earnings Comparison
| Metric | Associate (Lifetime) | Practice Owner (Lifetime) |
|---|---|---|
| Starting income | $120,000–$150,000 | Lower initially (paying off purchase) |
| Peak income | $180,000–$220,000 | $250,000–$450,000+ |
| Practice equity at retirement | $0 | $500,000–$1,500,000 (sale value) |
| 30-year career earnings (net) | ~$5,000,000–$6,000,000 | ~$6,000,000–$10,000,000 |
| Practice purchase/startup cost | $0 | $500,000–$1,500,000 |
| Management burden | None | Significant |
| Schedule flexibility | Limited | Full control |
| Risk level | Low | Moderate-High |
Path to Becoming a Dentist
| Stage | Duration | Cost/Earnings |
|---|---|---|
| Undergraduate degree | 3–4 years | $20,000–$60,000 tuition |
| DAT preparation and writing | 6–12 months | $1,000–$3,000 |
| Dental school (DDS/DMD) | 4 years | $80,000–$250,000 total tuition |
| Specialty residency (optional) | 2–6 years | $50,000–$70,000/year (stipend) |
| Total training | 7–14 years post-high school | — |
| Average dental school debt | — | $100,000–$200,000 |
Dental Practice Valuation
| Metric | Range | Notes |
|---|---|---|
| Valuation multiple (% of gross) | 60–85% | Higher for profitable, growing practices |
| Practice grossing $800K | $480,000–$680,000 sell price | |
| Practice grossing $1.2M | $720,000–$1,020,000 sell price | |
| Practice grossing $2M | $1,200,000–$1,700,000 sell price | |
| Goodwill value | 75–90% of total value | Patient relationships, reputation |
| Tangible asset value | 10–25% of total value | Equipment, leasehold improvements |