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Hourly rate calculator

Translate annual income, overhead and billable capacity into a planning rate.

Your planning rate
USD 71.74
per billable hour · rounded up to cents
Billable hours / year1,104
Revenue goal / yearUSD 79200.00
Income before personal taxUSD 60000.00OverheadUSD 12000.00ReserveUSD 7200.00

Revenue goal = (income + overhead) + rounded reserve on that sum. Billable hours = weeks × hours/week × billable share. Hourly rate = revenue goal ÷ billable hours, rounded UP to cents.

Two decimal places; no conversion.
Processed on your device

How it works & useful details

Formula & assumptions

Annual revenue goal is income before personal tax plus overhead, then an optional reserve percentage on their sum. Annual billable hours = working weeks × hours per week × billable percentage. The rate is revenue goal ÷ billable hours, rounded UP to cents. Reserve is an addition to cost, not a profit-margin or income-tax calculation. Weeks: 1–52; hours/week: 1–80; billable percentage: greater than 0 through 100.

Local planning workspace

These tools are planning aids, not financial, tax or legal advice. Values stay in this page. Nothing is sent, saved to your records or fetched from external services.

USD, EUR, GBP, CAD and AUD are labels with two decimal places. There is no currency conversion. Enter decimals with a dot and no commas. Money inputs are limited to 1 billion units; calculated amounts to 10 trillion. Rates are supplied by you, with up to four decimal places.