Hourly rate needed calculator API

Solve the gross hourly rate required to hit a target annual income given billable hours, a tax gross-up, and an overhead markup: rate = target/(1-taxRate)/billableHours*(1+overhead). Answers 'what hourly rate do I need for $80k', 'rate for 30 billable hours a week', 'hourly rate after 25% tax'.

Price$0.01per request

MethodPOST

Route/v1/calc/budget-hourly-rate-needed

StatusLive

MIME typeapplication/json

Rate limit120/minute

CacheNo cache

budgethourlyrateincomebillabletaxcalculatormoney

API URLhttps://x402.hexl.dev/v1/calc/budget-hourly-rate-needed

Integration docs

Example request

{
  "targetAnnualIncome": 80000,
  "billableHoursPerWeek": 30,
  "weeksPerYear": 48,
  "taxRatePercent": 25
}

Example response

{
  "targetAnnualIncome": 80000,
  "billableHoursPerYear": 1440,
  "grossAnnualNeeded": 106666.67,
  "hourlyRate": 74.07,
  "taxRatePercent": 25,
  "overheadPercent": 0,
  "breakdown": {
    "perWeekHours": 30,
    "weeks": 48,
    "taxGrossUp": 26666.67,
    "overheadMarkup": 0
  }
}

Input schema

{
  "type": "object",
  "required": [
    "targetAnnualIncome",
    "billableHoursPerWeek"
  ],
  "properties": {
    "targetAnnualIncome": {
      "type": "number",
      "description": "Target annual take-home in dollars",
      "examples": [
        80000
      ]
    },
    "billableHoursPerWeek": {
      "type": "number",
      "description": "Billable hours per week",
      "examples": [
        30
      ]
    },
    "weeksPerYear": {
      "type": "number",
      "description": "Working weeks per year (default 48)",
      "examples": [
        48
      ]
    },
    "taxRatePercent": {
      "type": "number",
      "description": "Effective tax rate percent (default 25)",
      "examples": [
        25
      ]
    },
    "overheadPercent": {
      "type": "number",
      "description": "Overhead markup percent",
      "examples": [
        0
      ]
    }
  }
}

Output schema

{
  "type": "object",
  "additionalProperties": true
}