Hourly Rate Calculator
Calculate the hourly rate you need to reach your income goal.
Minimum Hourly Rate
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Revenue Needed After Fees
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Annual Billable Hours
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Day Rate (8 hours)
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Fee Impact / Year
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Enter your income goal, billable hours per week, and working weeks per year to see your minimum hourly rate.
Next decision
Profit Margin CalculatorCheck gross and net margin on the revenue your rate brings in.How it works
- Annual Billable Hours = Billable Hours per Week × Working Weeks per Year
- Revenue Needed After Fees = Income Goal + Business Expenses
- Minimum Hourly Rate = Revenue Needed After Fees ÷ (Billable Hours × (1 − Fee %))
- Day Rate = Hourly Rate × 8
- Annual Billings Before Fees = Hourly Rate × Billable Hours; Fees = Billings − Revenue Needed After Fees
Assumptions & scope
- Your income goal is before personal taxes.
- Business expenses are included only when you enter them.
- Only billable hours are used to set the rate; admin and sales time are not billed.
- Taxes and jurisdiction-specific rules are outside this calculator.
- This is a business-planning calculator, not tax, accounting, legal, or financial advice.