4 Best Locations To Start A Dental Practice
The dental industry has seen an increase in practitioners in recent years, with nearly 200,000 dentists working in 2018 — 32.3% of which were women and 67.7% which were men. The industry has always been lucrative, which is one of the many reasons it continues to attract so many talented young professionals. If you’re a dentist or are studying to become one, there are many factors to consider before diving into the industry.
Whether there’s already a location you would prefer to work in or you’re actively looking for a dental practice for sale to launch your career, each state and city comes with their own unique economic environments. In addition, you will want to consider the affordability and quality of life in various locations before you decide on the best place for your practice. Here are a few of the best locations for dentists to practice.
Illinois is attractive due to the state’s median income and its relative safety, but what proves most essential is the average oral health of the state. Illinois residents tend to know best when it comes to taking care of their personal hygiene, which elevates the adequacy of dentistry in the state as a whole. If you would like to buy a dental practice in Chicago, you can benefit from the state’s focus on oral health and enjoy all of the offerings the Windy City has to offer.
Dallas or Houston, Texas
Texas is an attractive location due to the cost of living, cultural opportunities, and a growing job market. Not only is the affordability more pronounced here than in many other placed throughout the nation, but there’s also no corporate income tax or personal income tax to worry about if you live in this state. The unemployment rate is also quite low, with opportunities in the health services field on the rise. Texas is also home to the most cities experiencing the fastest growth, which means there will likely be plenty of opportunities to increase your client base when you purchase a Houston dental practice for sale. And while Texas has been shown to lag behind in certain priorities pertaining to oral care, there’s a lot of potential for growth. In fact, Texas provides high accessibility in terms of pediatric oral health services, while fewer than 10% of adults have poor dental health in seven out of 12 Texas regions.
Raleigh, North Carolina
Raleigh is known for its mix of contemporary living and traditional Southern values. It’s certainly more urban than many other cities throughout the state, with plenty of cultures to experience. It’s also well-known for its educational opportunities, making it a welcome place for both young people and families to call home. In terms of dental visits, residents of North Carolina are about on par with the national average. But the attitudes surrounding oral care among North Carolina residents are actually more positive than what you’ll find throughout the U.S. as a whole. What’s more, you’ll find fewer dentists comparative to the population in North Carolina versus the entire country, which means you should take a look at the available Raleigh dental practices for sale here.
Syracuse, New York
Syracuse is known for its universities, its state fair, its sports, its historic buildings, and it’s rough winters. However, it’s also a very affordable place to put down roots and to practice dentistry. Its convenient location is also appealing, with the city being ranked by U.S. News as number 52 on its best places to live list. With initiatives throughout the state to improve oral health, particularly among vulnerable populations, it’s a great place to consider when looking for a Syracuse dental practice for sale.
Finding a dental practice for sale may prove to be a difficult task in a growing market, but the United States is home to plenty of opportunities. As you continue to hone your craft, consider if your desired location is a good fit for your goals before joining a team of professionals or purchasing a dental practice of your own.