Freelancer Rate Calculator

Calculate a sustainable freelance rate that covers your income goals, taxes, and expenses.

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Software, hardware, insurance, professional development, etc.
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Includes self-employment tax (~15.3%) plus income tax. 25–35% is common in the US.
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Rate Formula

Hourly Rate = Annual Need / Billable Hours

Annual Need = Income + Expenses + Taxes + Profit Buffer


Industry Rates (US, 2024)

Web Developer$75–$200/hr
Designer (UX/UI)$50–$150/hr
Copywriter$50–$200/hr
Marketing Consultant$75–$250/hr
Data Scientist$100–$300/hr

FAQs

Start with your desired annual income, add taxes (25–35%), business expenses, and divide by billable hours. Many freelancers charge 2–3× their old employee hourly rate to account for no benefits, overhead, and non-billable time.

Most freelancers spend 40–60% of working hours on billable client work. The rest goes to admin, marketing, accounting, and business development. This is why your rate must be higher than an equivalent employee wage.