OAK BROOK, Ill., Feb. 26, 2018 /PRNewswire-USNewswire/ -- Looks like the Tooth Fairy tightened her money bag after an all-time high payout in 2016. According to the Original Tooth Fairy Poll, sponsored by Delta Dental, the Tooth Fairy's cash gifts dropped to an average of $4.13.
The Original Tooth Fairy Poll has typically served as a good indicator of the economy's overall direction, tracking with the movement of Standard & Poor's 500 index (S&P 500) for 12 of the past 14 years. The December 2017 poll shows the Tooth Fairy hasn't quite been able to keep up with the market's hot pace—with an 11 percent cash payout decrease from 2016, while the S&P 500 saw a total return in 2017 of almost 18 percent.
Even though the average price of a tooth dropped, the Tooth Fairy still paid out a healthy $271 million for lost teeth across the nation. Those looking under their pillow for their first lost-tooth payout took far less of a hit, receiving an average $5.70 per tooth, only a minor drop from 2016 which saw a $5.72 payout.
"No matter how generous the Tooth Fairy decides to be, a visit from the Tooth Fairy is a great way to teach children good oral health habits at an early age," said Jennifer Elliott, chief marketing officer for Delta Dental Plans Association. "What better time to reinforce oral health messages than during the anticipation of a visit from the Tooth Fairy?"
Other Tooth Fairy stats:
About the Survey: The Original Tooth Fairy Poll was conducted between December 13 and December 28, 2017 among a nationally representative sample of 1,007 parents of children ages 6-12. The margin of error is +/- 3.1 percent.
About Delta Dental Plans Association
Delta Dental Plans Association, based in Oak Brook, Ill., is the not-for-profit national association of the 39 independent Delta Dental companies. Through its companies, Delta Dental is the nation's leading dental insurance provider, covering more than 75 million Americans, and offering the country's largest dental network with roughly 152,000 participating dentists. Delta Dental companies invested more than 69 million dollars in 2016 to help improve oral healthcare in local communities across the country. For more information, visit our website at deltadental.com.
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SOURCE Delta Dental Plans Association