HR & payroll
Freelance Rate Calculator
Calculate the hourly rate freelancers need to match a target income.
Enter income target, business expenses, tax rate, and billable hours. See the rate you must charge.
Required hourly rate$102.03
Gross revenue needed$117,333.33
Billable hours per year1,150
How to use it
- 1Enter target take-home income.
- 2Add business expenses and tax rate.
- 3Enter billable hours per week.
- 4See required hourly rate.
Real use cases
- New freelancers pricing.
- Consultants raising rates.
- Agency contractors quoting.
Frequently asked
Why is my freelance rate higher than a salary?
Freelancers pay self-employment tax, health insurance, tools, and have unpaid time off - the rate needs to cover all of it.
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