Hourly rate to annual income, by rate
How much is $120/hour/hour freelancing per year?
At $120/hour per hour with realistic billable time (6 focused hours a day, 5 days, 46 weeks), a freelancer bills about $165,600 a year, before expenses and taxes.
The breakdown
- How much is $120/hour/hour freelancing per year?
- $165,600
- Per day
- $720
- Per week
- $3,600
- Per month (annual / 12)
- $13,800
- Billable hours per year
- 1,380
How the assumptions move it
| 44 weeks | 46 weeks | 48 weeks | |
|---|---|---|---|
| Annual revenue | $158,400 | $165,600 | $172,800 |
Run your own numbers in the interactive calculator: Rate converter
The formula
Annual = rate x 6 h x 5 days x weeks worked. The 2,080-hour year is fiction for freelancers.
Assumptions on this page
6 billable hours per day, 5 days per week. Gross revenue figures: taxes and expenses come out afterwards; see the take-home pages.