Freelancer Hourly Rate Calculator

💼 Freelancer Hourly Rate Calculator

Calculate the exact hourly and day rate needed to achieve your personal take-home goal, accounting for non-billable hours, overhead expenses, 15.3% self-employment tax, and profit buffers.

Target & Business Parameters

$
$
Software, gear, health insurance, accounting
hrs/wk
Typical freelancers bill 20–30 hrs/wk
wks/yr
48 weeks allows 4 weeks vacation/sick time
%
Includes 15.3% SE tax + Federal/State
%
Reserve buffer for slow seasons and growth
Recommended Minimum Hourly Rate
$129
Based on 1,200 billable hours / year
Standard Day Rate (8 hrs) $1,032
Weekly Project Retainer $3,225
Annual Gross Invoicing Target $154,800
Monthly Gross Revenue Target $12,900
Estimated Tax Reserve $43,344