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Money & Finance · Free tool

Hourly Rate Calculator

Convert annual salary to real hourly rate — including overhead, taxes, and non-billable hours. For employees and freelancers.

Updated April 2026

Base hourly rate

$44.27

Billable hourly rate

$61.09

Per 15 min

$15.27

Per 30 min

$30.55

Per hour

$61.09

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What it does

Convert an annual salary into a real hourly rate, adjusting for unpaid time, holidays, sick days, and non-billable hours. Or go the other way: type an hourly rate and see what it implies as an annual income at various weekly workloads.

For freelancers specifically use freelance rate calculator. Related: paycheck calculator, overtime calculator. See how to price freelance work.

How to use it

  1. Enter annual salary (or hourly rate).
  2. Set holidays, sick days, and typical weekly hours.
  3. Adjust for unpaid overhead — admin, sales, learning.
  4. Read the true hourly rate and annual equivalents.