Goodfolk Business Utilities

Hourly Rate Calculator

Calculate an hourly rate from salary goals, business expenses, taxes, profit, and billable hours.

Target yearly income ($)Yearly business expenses ($)Tax estimate (%)Desired profit cushion (%)Billable hours per weekWorking weeks per year

Billable hours are the hours you can actually charge for, not every hour spent on admin, email, planning, sales, or bookkeeping.

Rate estimate

Income + expenses$87000.00

Estimated tax reserve$21750.00

Profit cushion$8700.00

Revenue needed per year$117450.00

Revenue needed per month$9787.50

Annual billable hours1200 hrs

Recommended hourly rate$97.88/hr

This is a planning estimate. Your actual rate may also depend on market demand, experience, niche, client value, and project risk.

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