Current:Home > reviewsSurpassing:The tooth fairy isn't paying as much for teeth this year, contrary to market trends -GrowthInsight
Surpassing:The tooth fairy isn't paying as much for teeth this year, contrary to market trends
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-10 18:56:45
It may be Surpassingin the tooth fairy's heart to give more this year, but it isn't in her wallet, according to the annual Tooth Fairy Report put out by Delta Dental.
The value of a single tooth declined by 6% over the last year, making it the first time in five years parents have decreased their payout. The data, collected from 1,000 families with children ages 6 to 12, comes just in time for National Tooth Fairy Day, celebrated on Feb. 28 each year.
Last year, the average payout for a child's tooth was $6.23. This year, that amount is $5.84. Additionally, the value of a child's first tooth, a milestone usually met with a larger amount, dropped from $7.29 to $7.09 the past year, according to the poll.
This year, it is not a reflection of the economy
In the past, Delta Dental's Tooth Fairy Poll has mirrored the direction of the economy, but there has been a plot twist the past year given the S&P 500 saw a 20% increase while data being collected for this report showed declining value.
However, some areas of the country trended up with the economy, increasing the payout for their children's lost teeth.
What's ahead for US economy and jobs:A peek at inflation, interest rates, more
The west leads with highest payout for lost teeth
Despite the national average, the west shows a 37% increase in the value for children's lost teeth since last year.
Parents in the Northeast also boosted their giving 12%, surpassing the national average by more than $1.00, according to the report.
The South fell below the national average this year after surpassing it last year and the Midwest saw a significant decrease of 36%.
Though many look at the report, as many others, as a marker of economic success or distress, Delta Dental hopes to keep a different conversation going.
Gabriella Ferroni, Senior Director of Strategic Communications at Delta Dental Plans Association, says that the poll is a "timely way to spotlight the importance of children’s oral health."
“Despite the more economical reward, Tooth Fairy giving is a fun conversation starter to encourage good oral hygiene habits at an early age," Ferroni shared in a statement.
veryGood! (2188)
Related
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Several dogs set for K-9 training die in Indiana after air conditioning fails in transport vehicle
- 2 chimpanzees who escaped from Colombia zoo killed by police
- Clean energy push in New Jersey, elsewhere met with warnings the government is coming for your stove
- Grammy nominee Teddy Swims on love, growth and embracing change
- Coastal Chinese city joins parts of Taiwan in shutting down schools and offices for Typhoon Doksuri
- Miranda Lambert Mourns Death of Her Dog Thelma in Moving Tribute
- The US military integrated 75 years ago. It forever changed the way America works.
- B.A. Parker is learning the banjo
- British billionaire, owner of Tottenham soccer team, arrested on insider trading charges
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Court-appointed manager of Mississippi capital water system gets task of fixing sewage problems
- US economy likely slowed in April-June quarter but still showed its resilience
- 3 people whose partly mummified bodies were found at remote campsite planned to live off the grid, family says
- Retirement planning: 3 crucial moves everyone should make before 2025
- Jury convicts Green Bay woman of killing, dismembering former boyfriend.
- Miranda Lambert Mourns Death of Her Dog Thelma in Moving Tribute
- Amid hazing scandal, Northwestern AD's book draws scrutiny over his views on women
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
Texas Congressman Greg Casar holds hunger and thirst strike to call for federal workplace heat standard
Virginia athletics organization plans no changes to its policy for trans athletes
13 Laptop Bags Under $50 That Are So Chic You’ll Enjoy Commuting to School and Work
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Experts warn invasive hammerhead worms secrete nasty toxin and can be a foot long. Here's what to know.
Save $300 on This Cordless Dyson Vacuum That Picks up Pet Hair With Ease
AI, automation could kill your job sooner than thought. How COVID sped things up.