Freelance Rate Calculator

Calculate your ideal hourly rate based on your income goals, expenses, and availability

Your Information

$

How much you want to take home after taxes and expenses

$

Software, equipment, insurance, etc.

%

Include federal, state, and self-employment tax

Vacation, holidays, sick days

Hours you can actually bill to clients

Your Results

Total Gross Revenue Needed
$108,750

Per year to meet your goals

Target Hourly Rate
$75.52

Per hour to reach your target

Breakdown

Working weeks:48 weeks
Total billable hours:1,440 hours
Take-home income:$75,000
Business expenses:$15,000
Estimated taxes:$18,750

💡 Pro Tip: This is your minimum rate. Consider charging 10-20% more to account for non-billable time, project delays, and growth.

How to Use This Calculator

1. Set Your Income Goal

Enter how much you want to take home after all expenses and taxes. This is your actual spending money.

2. Account for Expenses

Include all business costs: software subscriptions, equipment, insurance, office space, etc.

3. Estimate Your Tax Rate

Include federal, state, and self-employment tax. A safe estimate is 25-30% for most freelancers.

4. Be Realistic About Time

Not all hours are billable. Account for admin work, marketing, and time off. 30 billable hours/week is realistic.

Recommended for You