Hourly Rate Calculator — Formula
## How to Calculate Your Hourly Rate
Account for business expenses by inflating your desired income, then divide by total annual billable hours.
### Formula
**Gross Needed = Desired Income / (1 - Expense % / 100)**
**Hourly Rate = Gross Needed / (Billable Hours/Week x Working Weeks)**
Account for business expenses by inflating your desired income, then divide by total annual billable hours.
### Formula
**Gross Needed = Desired Income / (1 - Expense % / 100)**
**Hourly Rate = Gross Needed / (Billable Hours/Week x Working Weeks)**
Esempio Risolto
You want $80,000 take-home with 25% overhead, billing 30 hrs/week for 48 weeks.
- Gross needed = $80,000 / (1 - 0.25) = $106,667
- Total billable hours = 30 x 48 = 1,440
- Hourly rate = $106,667 / 1,440 = $74.07
- Monthly revenue target = $106,667 / 12 = $8,889