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Freelance Hourly Rate Calculator

See required hourly rate and review annual revenue target and billable hours per year using values you enter.

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Freelance Hourly Rate Calculator for United States

USD · 12,345.67US customary measurementsRoad distance: miles

United States planning scenario. Amounts, prices and rates are editable examples. No verified local tax bands, exemptions, benefits or lender rules are applied. Currency amounts are not exchanged.

Switch countries to open a separate scenario. Your edits are kept while this calculator is open; use Save scenario to keep them on this device.

Your details

USD
Example only. Enter the amount or rate applicable to your situation in United States.
USD
Example only. Enter the amount or rate applicable to your situation in United States.
USD
Example only. Enter the amount or rate applicable to your situation in United States.
%
Example only. Enter the amount or rate applicable to your situation in United States.
Results update instantly as you change the inputs.

Required hourly rate

$98.55

Amounts in USD · United States · editable planning estimate

Annual revenue target$113,333.33
Billable hours per year1,150
Annual overhead and benefits$15,000.00
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How this result was calculated

  1. Required revenue = (desired income + overhead + benefits) / (1 − reserve / 100). Required hourly rate = revenue / (billable hours per week × billable weeks).
  2. Country setup: United States. Displayed measurements are converted to the formula's base units internally.

Assumption: Uses the entered amounts and the units shown. Sample prices, rates and allowances are editable examples, not local quotes or verified tax rules. United States planning scenario. Amounts, prices and rates are editable examples. No verified local tax bands, exemptions, benefits or lender rules are applied. Currency amounts are not exchanged.

Calculation version 1.0.0 · Support state: generic

Formula and method

Required revenue = (desired income + overhead + benefits) / (1 − reserve / 100). Required hourly rate = revenue / (billable hours per week × billable weeks).

This calculation uses the values you enter. It runs in your browser and does not request a location or account.

Worked example

With the sample inputs shown, required hourly rate is 98.55 in the selected currency. Change the inputs to model your own case.

Questions people ask

How does the freelance hourly rate calculator work?

Required revenue = (desired income + overhead + benefits) / (1 − reserve / 100). Required hourly rate = revenue / (billable hours per week × billable weeks).

Does this use live local rates or rules?

Uses the entered amounts and the units shown. Sample prices, rates and allowances are editable examples, not local quotes or verified tax rules.