Freelance Hourly Rate & Salary Calculator
Calculate your ideal hourly billing rate based on salary goals, taxes, and billable capacity.
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How to Use Freelance Hourly Rate & Salary Calculator
Input the annual income you wish to take home in your personal bank account.
Include annual business expenses (software, hardware) and your estimated tax rate percentage.
Specify your realistic billable hours per week (accounting for admin work) and vacation weeks off.
Frequently Asked Questions
Why shouldn't I calculate my hourly rate as Salary / 2000 hours?
Freelancers cannot bill 40 hours every week. A realistic freelancer spends 10-15 hours per week on unpaid admin, marketing, and invoicing, leaving 25 billable hours. Ignoring this leads to severe undercharging.
How much profit margin should a freelancer add?
A 10-20% profit margin buffer provides essential financial stability for unexpected dry spells, project delays, and business growth investments.
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