Freelance Hourly Rate Calculator
Fill in the values and the answer updates as you type.
How the Freelance Hourly Rate Calculator works
Revenue needed = desired income ÷ (1 − tax rate) + expenses. Hourly rate = revenue ÷ billable hours. Count only billable hours, since admin and marketing time is unpaid. Example: with Desired yearly income $60,000, Business expenses per year $6,000, and Tax rate 20%, the result is Hourly rate needed = $70.43; Revenue needed per year = $81,000; Billable hours per year = 1,150.
Inputs and results
The Freelance Hourly Rate Calculator takes 5 inputs and gives 3 results.
What you enter
- Desired yearly income ($) — starts at 60000.
- Business expenses per year ($) — starts at 6000.
- Tax rate (%) — starts at 20.
- Billable hours per week (h) — starts at 25.
- Weeks off per year — starts at 6.
What you get
- Hourly rate needed
- Revenue needed per year
- Billable hours per year
Example: Freelance Hourly Rate Calculator with the starting values
With desired yearly income 60000 $, business expenses per year 6000 $, tax rate 20 %, billable hours per week 25 h and weeks off per year 6, the calculator returns:
| Hourly rate needed | $70.43 |
|---|---|
| Revenue needed per year | $81,000 |
| Billable hours per year | 1,150 |
Change any value above and the results update straight away.
Freelance Hourly Rate Calculator FAQ
How do I use the Freelance Hourly Rate Calculator?
Enter desired yearly income, business expenses per year, tax rate and billable hours per week in the fields, then read hourly rate needed, revenue needed per year and billable hours per year in the result panel. The answer updates as you type, and you can press Calculate or Enter to refresh it. Use “Copy link” to share your exact numbers with someone else.
What does the Freelance Hourly Rate Calculator calculate?
The hourly rate needed to hit an income goal. It returns hourly rate needed, revenue needed per year and billable hours per year from the 5 values you provide.
What values does the Freelance Hourly Rate Calculator start with?
It opens with desired yearly income 60000 $, business expenses per year 6000 $, tax rate 20 % and billable hours per week 25 h so you can see a working result straight away. Replace them with your own numbers, or press Reset to return to these starting values.
Is the Freelance Hourly Rate Calculator free and private?
Yes. It is free, needs no account, and runs in your browser, so nothing you type is sent to or stored on our servers. See the Privacy Policy for details.
Can I rely on the Freelance Hourly Rate Calculator for financial decisions?
Treat the result as a well-rounded estimate. Real situations often have details a general calculator cannot know, so confirm financial decisions with a qualified professional. See the Disclaimer for more.