Result
How to use this calculator
Enter the annual take-home income you want, the tax buffer you should hold (30% is a common default for US freelancers), your working hours per week, working weeks per year, and the share of hours that is actually billable. The calculator works backwards to the hourly rate you must charge.
The formula
Billable hours = hours/week × weeks/year × billable %. Required gross income = target take-home ÷ (1 − tax rate). Hourly rate = required gross income ÷ billable hours. Non-billable time (sales, admin, learning) is why 60% billable is a realistic default.
Example
Target $60,000 take-home with a 30% tax buffer requires $85,714 gross. At 40 hours/week, 48 weeks, 60% billable = 1,152 billable hours → $74.40 per hour.