Financial Calculators
Freelance Hourly Rate Calculator
Estimate a freelance hourly rate from your income target, business expenses, taxes, and billable time.
Your numbers stay in this browser. Nothing is uploaded or stored by this calculator.
Formula: (take-home income + business expenses) ÷ (1 − tax rate) ÷ annual billable hours. This is an estimate for planning, not financial or tax advice.
Set a planning baseline for your freelance rate.
Enter your desired annual take-home income, estimated business expenses, tax rate, work schedule, and billable-time percentage. The calculator divides the pre-tax revenue target by estimated annual billable hours. It is a private planning estimate: your figures stay in your browser and are not uploaded or stored. Actual taxes, costs, client demand, benefits, and pricing strategy can differ, so this is not financial or tax advice.
Frequently Asked Questions
Everything you need to know about this tool, how it works, and privacy.
How does the freelance hourly rate calculator work?
It adds your desired annual take-home income and annual business expenses, grosses that target up for your estimated tax rate, then divides it by your estimated annual billable hours. Annual billable hours are work hours per week × (52 − weeks off) × billable-time percentage.
How should I interpret the suggested hourly rate?
Treat it as a planning baseline for the income, costs, tax estimate, schedule, and billable-time assumption you entered. Your market, experience, project scope, benefits, unpaid work, pricing model, and client demand can justify a different rate.
What assumptions and limitations does the estimate have?
The estimate assumes the tax rate, expenses, work schedule, and billable percentage you enter are suitable for the year. It does not model changing income, tax rules, benefits, retirement savings, debt, insurance, discounts, non-hourly pricing, or client-payment risk. It is not financial or tax advice.
Do my income and expense details stay private?
Yes. The calculation and copy action run locally in your browser. CodeASystem does not upload or store the values you enter.