The report also lists the highest and lowest salaries of dentists, which are as follows: The lowest 10% of dentists earned less than $72,840 per year, and; The highest 10% of dentists earned more than $208,000. At the end of your repayment period, you will repay $543,644; you’d pay $251,475 in interest charges alone. However, if you refinanced your debt, you could qualify for a 15-year loan at just 5.5% interest. Your email will be used to follow up with you about refinancing, as well as to share the best content from our blog with you. If you decide to refinance your loans, make sure you get quotes from multiple lenders to get the best rates. Please use the current balance of the student loans that you wish to refinance. Here is a breakdown of dentist salaries by state and dentist salaries by specialty. Highest and Lowest Dentist Salaries. When you refinance federal student loans, you lose eligibility for federal benefits like Public Service Loan Forgiveness (PSLF). Refinancing can allow you to qualify for a lower interest rate, save money, and pay off your student debt faster. ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources. With a lower rate, you could be debt-free sooner, and your savings could be significant. Let’s look at an example. However, it’s not all bad news. You can use Purefy’s Compare Rates tool to get quotes from top student loan refinancing lenders within minutes, without affecting your credit score. Rhode Island beats the national average by 6.8%, and Massachusetts furthers that trend with another $18,777 (10.7%) above the $166,403. Student loan refinancing can be an effective way to pay off your debt more quickly. The states and districts that pay Dentists the highest mean salary are Delaware ($264,440), Alaska ($259,350), Rhode Island ($254,190), Minnesota ($227,280), and New Hampshire ($226,300). Please include your payments for the following types of debt: rent/mortgage, student loans, personal loans, car loans, and credit card minimum payments. Over time, you can save a substantial amount of money and pay your loans off years ahead of schedule. Since states have different costs of living, they also have different wages and salaries for nearly every career. By refinancing your loans, you’d pay off your education debt five years earlier, and you’d save a whopping $113,936. Purefy’s tools let you compare savings from the best lenders. If you know your password, you can go to the sign in page. Exploring the typical dentist salary by state shows that there can be differences of several thousand dollars. The states with the highest average dentist salaries according to US News and World Report and the Bureau of Labor Statistics are: Delaware – $236,130 While many of our state by state salaries for Dentists are in line with BLS salary numbers, you’ll see that some states pay as much as $181,000 a year. *Salary estimates (ZipEstimate) are not verified by employers; actual compensation can vary considerably. Your privacy is our priority. ranks number 1 out of 50 states nationwide for Dentist salaries. Wages typically start from $80,850 and go up to $299,460. However, most dentists aren’t eligible for loan forgiveness anyway. Since you won’t qualify for PSLF, you don’t have to worry about refinancing hurting your loan forgiveness eligibility. Average Dentist Salary by State. By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, and agree to receive email job alerts. Get better results by entering a location. The average salary for a dentist in the United States is around $155,600 per year. Topping the list is Massachusetts, with Hawaii and Rhode Island close behind in second and third. If you would only like to refinance a portion of a loan, only include the portion you wish to refinance. The American Dental Education Association reported that dental school graduates in the Class of 2019 left school with $292,169 in student loan debt, on average. We’ve identified 11 states where the typical salary for a Dentist job is above the national average. ADP and the ADP logo are registered trademarks of ADP, Inc. Rhode Island beats the national average by 6.8%, and Massachusetts furthers that trend with another $18,777 (10.7%) above the $166,403. Learn more: What Is the Average Dentist Salary by State. We then created an index by dividing the average wage for a state by the cost of living in that … As a dental school graduate, you have a higher earning potential than the average person, making you an excellent candidate for student loan refinancing. With these 11 states paying on average above the national average, the opportunities for economic advancement by changing locations as a Dentist appears to be exceedingly fruitful. Average 2020 dentist salaries by state According to the U.S. Bureau of Labor Statistics , the … $155.6k Median. For example, federal Grad PLUS Loans disbursed between July 1, 2019, and June 30, 2020, had an interest rate of 7.08%, while Direct Unsubsidized Loans for undergraduate students disbursed during that same period had a rate of just 4.53%. $194,000 is the 75th percentile. Salaries below this are outliers. Salaries above this are outliers. While dental specialists require additional education, you can also command higher wages. $80.8k Bottom 20%. Salaries above this are outliers. Topping the list is Massachusetts, with Hawaii and Rhode Island close behind in second and third. Purefy Inc. | 1875 Connecticut Avenue NW | 10th Floor | Washington, DC 20009, pay your loans off years ahead of schedule, How to Calculate Your Parent PLUS Refinancing Savings, Here’s How to Get the Right Student Loan Refinance for Every Situation. However, how much you can earn is dependent on where you live. Part-Time Dentist (Friday, Saturday, and Sunday shift), General Dentist,Periodontist,Orthodontist opportunity in New York City, ZipRecruiter, Inc. © All Rights Reserved Worldwide. We’ve identified six states where the typical salary for a Pediatric Dentist job is above the national average. Topping the list is Wyoming, with Massachusetts and Montana close behind in second and third. If you went to more than one school, list the school from which you received your highest degree. According to the American Dental Association, 80% of dentists have their own practice. These differences are key factors for many dentists when deciding where to practice. But what is the average dentist salary? The average salary for a Dentist is $234,494 per year in United States. Data used to develop this report includes ADP data. A score above 670 is considered good, above 740 very good, and above 800 excellent. We’ve identified 11 states where the typical salary for a Dentist job is above the national average. If you had $292,169 in student loan debt from dental school at 7% interest and a 20-year repayment term — common for graduate and professional degree loans — your monthly payment would be $2,265 per month. $130,000 is the 25th percentile. The BLS report tells us that the median salary for all dentists is $156,240. While you may feel overwhelmed by your debt, be aware that you earn a much higher income than the typical person, so you’re better equipped to handle the debt. With the average dentist’s salary and good credit — or a creditworthy cosigner — you may qualify for a lower interest rate. Your credit score is used by lenders to determine your eligibility and interest rates. Montana beats the national average by 1.9%, and Wyoming furthers that trend with another $19,599 (7.8%) above the $241,574. Over your repayment period, you’d pay a total of $429,708 and you’d pay just $137,539 in interest charges.