Hourly Rate Calculator
Determine your optimal hourly rate to cover costs, overhead, and target profit.
Time Off
Annual Expenses
The hourly rate calculator builds up your minimum billable rate from salary target, overhead, time off, and profit margin. It accounts for non-billable days and optional line items like insurance, tools, and training. Use it to set floor rates for T&M work and validate your flat-rate project pricing.
- Include owner compensation in your salary target — working for free inflates your apparent margin.
- Reduce billable days for weather, permit delays, and punch-list work — 200 productive days per year is a realistic target for field trades.
- Review your rate annually — material costs and insurance premiums increase your floor rate over time.
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