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New Data: How Much Do Dental Practice Owners Actually Make?
Description
📋 Free Download: Practice Evaluation Checklist https://practiceown.com/pdf
The Bureau of Labor Statistics says the median dentist makes $179,000 per year. I have looked at the profit and loss statements and tax returns of over 500 dental practices that sold in the last two years, and the real median owner income is $351,000. In this video I show you the actual numbers, the full distribution, and why the government figure is so misleading.
What we cover:
- Why the BLS number of $179,000 doesn't reflect what owners take home
- The real median owner income: $351,000 across 500+ practices
- The full income distribution, from under $200K to $600K+
- The percentiles: 25th ($200K), median ($351K), 75th ($482K), 90th ($722K)
- Why the 90th percentile is more reachable than you think
- Salary vs. owner distributions, and why the tax return hides your real pay
- What owners actually keep: 32.9% of collections
- Why owners report $120K in income but take home closer to $350K
- Why owners work less than associates and still make more
- What happens when you add an associate and part-time specialists
- Why the median is probably understated by $200,000
💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations.
📬 Questions? Reach out directly: chris@practiceown.com
0:00 The BLS Says Dentists Make $179,000
0:20 Where This Data Comes From (500 Practices)
0:56 How Dentist Income Changes Over a Career
1:49 Being Honest About the Data
2:29 The Real Median Owner Income: $351,000
2:58 The Full Income Distribution
3:57 The Percentiles: 25th, Median, 75th, 90th
4:30 Why the 90th Percentile Is Easier Than You Think
5:49 Why the BLS Number Is Misleading
7:17 What Owners Actually Keep: 32.9% of Collections
8:03 Reported Income vs. Actual Take-Home Pay
8:34 Owners Work Less Than Associates and Make More
9:53 Adding Associates and Specialists
10:52 Why the Median Is Probably Understated
11:28 Buy the Right Practice