Introduction: The role of dental professionals in the society is vital. This profession allows the flexibility to balance a professional and personal life. Practice of dentistry at times is quite stressful, and stress impedes happiness and subjective well-being. Several studies have reported about stress among dental professionals and their various effects; however, studies evaluating the level of happiness (happiness index) among dentists are few and lack in this geographic region. Objectives: The present study was conducted to assess the subjective happiness level among dental professionals. Materials and Methods: A cross-sectional study was conducted among 194 dentists in Andhra Pradesh, India. A questionnaire measuring dimensions of professional satisfaction by Subjective Happiness Scale was used to assess the happiness level. The results were expressed in percentages, means, and mean rank. Independent samples nonparametric tests (Mann–Whitney U-test and Kruskal–Wallis test) and multivariable analyses were used to assess the determinants of happiness. Results: The mean happiness index of the respondents was 21.71 (0.26 standard error). Overall 67% of the respondents had an above average happiness score. Higher happiness score was found to be significantly associated with age, postgraduate degree, male gender, type of professional attachment, duration of practice, urban location of practice, and spouse employment status in univariate analysis. However, multivariable analysis showed association with type of professional attachment only. Conclusion: Although dentistry has been recognized as a stressful profession, majority of the dentists under study had a happiness score above the mean, and the level of satisfaction was influenced by various sociodemographic factors.