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Freelance Income

Hourly Rate Setter

Calculate the minimum hourly rate to hit your income goal after taxes, overhead, and non-billable time.
Minimum hourly rate
$0
To hit your take-home goal
Gross revenue required
$0
Annual billable hours
0
Where each billable dollar goes
💡 Rate insight
Most freelancers bill 50-60% of their working hours. Lower the billable estimate if you handle your own admin and sales.
🏛 Predictable Income

Hourly Rate Setter

The Hourly Rate Setter calculates the minimum hourly rate you need to charge to hit your take-home income goal after taxes, overhead, and the reality that not every working hour is billable. You enter your income goal, your annual business overhead, your effective tax rate, the weeks you actually work per year, and your realistic billable hours per week. The calculator returns your minimum hourly rate, the annual gross revenue required, and your annual billable hour total. Use it before quoting your next project. The most common mistake freelancers make is dividing income goal by 2,080 hours and setting a rate from there, which ignores the thirty to forty percent of working time spent on sales, admin, and operations.