Freelance Hourly Rate

Calculate the necessary hourly rate to achieve a target annual freelance income.

Freelance income accounting.

Target Annual Take-Home Income

Hours Worked / Week

Weeks Worked / Year (minus vacation)

Tax & Overhead %

Billable Minutes per Hour

$54.95/hr

Includes a 30% markup for taxes/costs, and accounts for only 75% of your time being directly billable to clients.

Overview

Price your services correctly considering taxes and overhead.