Handyman Hourly Rate Calculator

Calculate your handyman hourly rate based on expenses, desired profit, and working hours

Input Parameters

Calculation Results

Calculation Formula

Hourly Rate = (Total Expenses + Desired Profit) / Annual Working Hours

Where:
- Total Expenses: Annual costs including equipment, insurance, etc.
- Desired Profit: Annual profit you want to make
- Annual Working Hours: Total hours you plan to work annually

Your Hourly Rate

$0.00

This is the hourly rate you need to charge to meet your financial goals

Handyman Hourly Rate Calculator Usage Guide

Learn how to use the Handyman Hourly Rate Calculator and its working principles

How to Use the Calculator

  1. Enter your total annual expenses (including equipment, insurance, office costs, etc.) in the "Total Annual Expenses" field.
  2. Enter your desired annual profit in the "Desired Annual Profit" field.
  3. Enter the number of hours you plan to work annually in the "Annual Working Hours" field.
  4. Click the "Calculate" button to calculate your hourly rate.
  5. Use the "Reset" button to clear all fields and start over.

Understanding the Formula

The calculator uses the following formula to determine your hourly rate:

Hourly Rate = (Total Expenses + Desired Profit) / Annual Working Hours

This formula ensures that your hourly rate covers all your expenses while providing the desired profit based on your working hours.

Example

If your total annual expenses are $30,000 and you want to make $50,000 in profit while working 1,800 hours a year, your calculation would be:

$30,000 + $50,000 = $80,000

$80,000 / 1,800 hours = $44.44 per hour

This means you would need to charge $44.44 per hour to meet your financial goals.