Freelance Rate & Target Revenue Calculator
Find the hourly rate you must charge to hit your income goal.
Open the Interactive CalculatorHow It's Calculated
Gross Revenue Target = Target Net Income + Annual Business Expenses.
Billable Hours/Year = (52 − Weeks Off) × Billable Hours/Week.
Hourly Rate = Gross Revenue Target ÷ Billable Hours/Year.
Example
Example: to net $90,000 with $12,000 in expenses, working 25 billable hours/week and taking 4 weeks off, you need $102,000 ÷ (48×25) = $102,000 ÷ 1,200 hours ≈ $85/hour.
Frequently Asked Questions
Why is my required rate higher than salaried employees charge?
Freelancers must cover self-employment tax, benefits, downtime, and business expenses that employers otherwise absorb.
What counts as "billable" hours?
Only hours you can actually invoice a client for — excluding admin, marketing, and sales time.