WorkingFigures

Hourly rate to annual income, by rate

How much is $23/hour/hour freelancing per year?

At $23/hour per hour with realistic billable time (6 focused hours a day, 5 days, 46 weeks), a freelancer bills about $31,740 a year, before expenses and taxes.

The breakdown

How much is $23/hour/hour freelancing per year?
$31,740
Per day
$138
Per week
$690
Per month (annual / 12)
$2,645
Billable hours per year
1,380

How the assumptions move it

44 weeks46 weeks48 weeks
Annual revenue $30,360$31,740$33,120

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.