Freelance Rate Calculator
Estimate an hourly billing rate from a target annual income, billable hours per week, and working weeks per year.
Your input never leaves your device.
Loading Freelance Rate Calculator...
Everything runs 100% locally in your browser. No files are uploaded to any server.
Formula
Required billings = [income target ÷ (1 − entered reserve rate) + expenses] ÷ (1 − entered fee rate). Divide by billable hours per week × working weeks per year for the hourly rate.
Worked example
An 80,000 annual target across 25 billable hours per week for 48 weeks gives 1,200 billable hours and a required average of about 66.67 per hour.
What the result means
Enter expenses, a discretionary tax reserve, and transaction fees if needed. The reserve is a budgeting assumption; no jurisdiction-specific tax liability is calculated. Use realistic billable hours and working weeks.
How to Use Freelance Rate Calculator
Enter information for freelance rate calculator
Provide the details requested by this freelance rate calculator tool.
Review the freelance rate calculator result
Check the generated result and assumptions before using it in a business document or decision.
Key Features & Benefits
Freelance Rate Calculator in your browser
Your entered details are processed locally and are not uploaded.
Clear business context
Estimate an hourly billing rate from a target annual income, billable hours per week, and working weeks per year.
Frequently Asked Questions
Does this include taxes or business expenses?
Optional fields include expenses, an assumed tax reserve, and transaction fees. These are your inputs rather than calculated local tax obligations.
Why use billable hours rather than all working hours?
Freelancers often spend time on administration, sales, and other work they cannot bill directly; enter realistic billable hours.
Key terms
- freelance hourly rate
- Enter expenses, a discretionary tax reserve, and transaction fees if needed. The reserve is a budgeting assumption; no jurisdiction-specific tax liability is calculated. Use realistic billable hours and working weeks.