Keel & Charter Calculators

Freelance Hourly Rate Calculator

Freelancers pay their own taxes and expenses and never bill 40 hours a week. Start from what you want to keep and work back to a rate.

Results

How it works

Revenue needed = take-home / (1 - tax set-aside) + expenses. Rate = revenue / (billable hours x weeks).

FAQ

Why fewer billable hours?

Admin, sales and unpaid revisions take real time. Many freelancers bill well under 40 hours.

What tax set-aside should I use?

It depends on income, state and deductions. Ask a tax professional; this is an estimate.

Should I charge by project instead?

Many do. Use this rate to price the hours you expect a project to take.

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Estimates, not tax or financial advice. Check important numbers with a qualified professional.