Billable Hours Calculator

Estimate required hourly rate to meet income goals given utilization and time off.

Last updated: 2026-04-02

Target annual income ($)Annual expenses ($)

Weeks off/yearHours/weekUtilization (%)

Required Hourly Rate

$93.75/hr

Billable hours/yr

1440

Working weeks

Total needed

$135,000

About

Calculate billable hours from utilization and derive the hourly rate needed to hit income goals after expenses.

Example: $120k target, 75% utilization, 4 weeks off → rate shown above.

The percent of work hours you can bill clients.

Rounding simplifies planning; use exact figure for billing.

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