Freelance Hourly Rate Calculator
Find your ideal hourly rate based on your income goals, business expenses, and realistic billable hours.
Your target annual take-home pay, before taxes
Software, insurance, equipment, etc.
Most freelancers are billable 60-75% of the time. The rest goes to admin, marketing, bookkeeping, and prospecting.
Rate Comparison
FAQ
Why is the billable percentage important?
As a freelancer, not all your working hours generate income. Time spent on proposals, invoicing, marketing, meetings, and admin is unbillable. Most freelancers are billable 60-75% of their time.
Should I factor in taxes?
Yes! As a freelancer, you're responsible for self-employment tax (~15.3% in the US) plus income tax. Add your estimated tax burden to the "Annual Income Goal" to account for this.
What about payment processing fees?
Payment processors like Stripe (2.9% + $0.30) and PayPal (3.49% + $0.49) reduce your actual take-home amount. Use our fee calculators to see the impact.