Side Hustle Income Calculator

Your side hustle's revenue isn't your profit. See what you really keep after expenses and taxes, and what it works out to per hour of your time.

Business Details

Profitability Analysis

Gross Profit:$1,600
Estimated Taxes:-$160
Net Income:$1,440

Real Hourly Wage

$72 /hr

Profit margin

72%

If kept up all year

$17,280

Great hourly rate: this side hustle pays well for your time. Consider scaling it up.

Invest your profit and watch it grow →Fit the extra income into your budget →

A simplified estimate. Set aside for self-employment tax, and don't forget unpaid admin time when counting hours.

Related guides

How to save moneyHow to invest for beginners

Methodology

How this calculator works

Built by · Updated

Formula

  • Profit = revenue − expenses
  • Net income = profit × (1 − tax rate)
  • Real hourly wage = net income ÷ hours worked

Assumptions & limits

  • All figures are monthly.
  • A single flat tax rate. In the U.S., self-employment tax (15.3%) usually applies on top of income tax.
  • Count every hour, including unpaid admin and travel time.

Sources

Educational estimates, not financial advice. Check important decisions with your lender or a licensed advisor.

All calculator methodologies →