How It Works
Three simple steps to get accurate calculations
Set Your Goals
Enter your desired annual income, working hours, and business expenses.
Account for Taxes
Include self-employment tax rates and profit margins in your calculation.
Get Your Rate
Receive your optimal hourly rate with detailed breakdown and justification.
Calculator Inputs
Enter your financial goals and work schedule to calculate your ideal hourly rate.
Share Your Scenario
Copy link with your current inputs
Your desired personal income before taxes
Business expenses like rent, software, insurance, marketing
Working weeks minus vacation and sick time (default: 46)
Hours spent on billable client work (default: 25)
IRS self-employment tax rate (default: 15.3%)
Additional buffer above costs for profit and unexpected expenses
Hourly rate calculation
Recommended Hourly Rate
This rate covers all your costs, taxes, and desired profit margin.
Rate Breakdown
Key Insights
Charging $102.00/hr gives you $75,000.00 take-home after taxes and $10,625.74 profit buffer annually. Based on 1150 billable hours per year.
Frequently Asked Questions
How do I calculate my freelance hourly rate?
What should I include in my expenses?
How much should I charge as a beginner freelancer?
Should I include vacation time in my rate calculation?
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