Freelance Hourly Rate Calculator
Calculate the optimal hourly rate for your freelance business.
Real-World Examples
Freelance Web Developer Rate
Inputs (The Math)
- Target Annual Salary$80,000
- Annual Business Expenses$10,000
- Billable Hours per Week25
- Weeks Off per Year4
Outputs (The Result)
- Total Target Revenue$90,000
- Total Billable Hours1,200/year
- Minimum Hourly Rate$75/hr
Why it works this way
Freelancers cannot bill 40 hours a week because they must spend time doing administrative work, marketing, and sales. By calculating based on 25 billable hours a week, the freelancer guarantees they hit their salary target without burning out.
- Does not account for self-employment tax variations.
Frequently Asked Questions
How do I calculate my hourly rate?
Divide your total desired annual income (plus expenses and taxes) by your billable hours.
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