Formula
Base hourly rate = target income / (billable weeks x billable hours). Recommended rate = base rate x (1 + overhead percent / 100) x (1 + profit buffer percent / 100).
Business
Calculate a recommended freelance hourly rate from target income, billable weeks, hours, overhead and profit buffer.
Calculator
Base hourly rate = target income / (billable weeks x billable hours). Recommended rate = base rate x (1 + overhead percent / 100) x (1 + profit buffer percent / 100).
This is the method behind the answer, so the result can be checked rather than simply trusted.Visual grid
Freelancer Hourly Rate is not just a final answer. It is a step on a line: before and after, input and output, assumption and result.
CalculationTime keeps the path visible: the input, the method and the final number belong together.
CalculationTime
Base hourly rate = target income / (billable weeks x billable hours). Recommended rate = base rate x (1 + overhead percent / 100) x (1 + profit buffer percent / 100).
Use this space on the printed report for client, supplier, classroom, job-location, measurement, quote or approval notes.
Base hourly rate = target income / (billable weeks x billable hours). Recommended rate = base rate x (1 + overhead percent / 100) x (1 + profit buffer percent / 100).
$80,000 across 46 billable weeks and 40 hours/week is $43.48/hour before overhead. With 30% overhead and 20% buffer, the recommended rate is $67.83/hour.
Professional note: print the input values, formula, result and date together so the calculation can be reviewed later.
Basis: transparent planning arithmetic using the visible inputs and assumptions on this page.
Methodology & Accuracy
CalculationTime pages are built around visible arithmetic: the formula, assumptions, worked example and practical limitations are shown so the result can be checked rather than simply trusted.
Base hourly rate = target income / (billable weeks x billable hours). Recommended rate = base rate x (1 + overhead percent / 100) x (1 + profit buffer percent / 100).
Basis: transparent planning arithmetic using the visible inputs and assumptions on this page.
Where a calculator follows a named legal, trade or industry standard, that standard is cited visibly. Otherwise the page uses transparent general arithmetic and states its limits.Professional note: print the input values, formula, result and date together so the calculation can be reviewed later.
The freelancer hourly rate calculator converts target income and realistic billable time into an hourly rate that includes overhead and profit buffer.
No. Use it as a transparent planning estimate, then verify the current rule, rate, contract or official source for the decision you are making.