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Contractor Hourly Rate & Markup Calculator

Calculate your true billable hourly rate based on overhead, desired profit margin, billable hours, and taxes.

Annual Desired Take-Home Pay ($) 100000$

Annual Business Overhead (Truck, Tools, Insurance) ($) 35000$

Billable Hours Per Week (Average 20-30) 25 hrs

Target Net Profit Margin (%) 20%

Recommended Hourly Rate

$141/hr

Full Day Rate (8 hrs)

$1,125

Break-Even Baseline Cost

$113/hr

Net Profit Margin

20%