Freelance Rate Calculator

Calculate your ideal hourly rate based on your desired annual income, expenses, and billable hours.

Desired Annual Income ($)

Annual Business Expenses ($)

Self-Employment Tax Rate (%)

Vacation / Off Weeks Per Year

Billable Hours Per Week

Minimum Hourly Rate —

Total Annual Needed —

Taxes (estimated) —

Billable Weeks/Year —

Total Billable Hours/Year —

Suggested Day Rate —

How to Calculate Your Freelance Rate

Start with your desired take-home income.
Add business expenses (software, equipment, insurance, etc.).
Account for self-employment taxes (typically 25-35%).
Divide by your available billable hours per year.

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