Core formulas
The formulas to keep straight
annual overhead = monthly overhead x 12annual revenue needed = (desired pay + annual overhead) / (1 - buffer)billable hours = billable hours per week x working weekshourly rate = annual revenue needed / billable hoursHow do you calculate a handmade hourly rate?
Calculate a handmade hourly rate by adding desired owner pay and overhead, adjusting for a buffer, then dividing by billable hours. Billable hours are hours tied to products or paid jobs.
Do not divide by every hour you work. Admin, sourcing, photography, listing, messages, and cleanup are real work, but they are not all billable product hours.
The hourly-rate example was checked July 3, 2026.
Handmade hourly rate example, checked July 3, 2026
| Line | Amount | Formula |
|---|---|---|
| Desired owner pay | $50,000 | Input |
| Annual overhead | $7,200 | $600 x 12 |
| Revenue before buffer | $57,200 | Owner pay + overhead |
| 25% buffer revenue | $76,266.67 | $57,200 / 0.75 |
| Billable hours | 920 | 20 hours x 46 weeks |
| Required hourly rate | $82.90/hr | $76,266.67 / 920 |
What counts as billable handmade time?
Billable handmade time is work that can be attached to a product or job: making, finishing, packing, custom design, revisions, and client-specific admin.
General shop work is not free. It is covered by the hourly rate, overhead, or margin. That is why the billable rate needs to be higher than the owner's desired take-home hourly pay.
If you only charge hands-on minutes, custom products will underpay the rest of the business.
Billable vs non-billable handmade time, checked July 3, 2026
| Time type | Example | How to recover it |
|---|---|---|
| Billable | Making one custom item | Product labor line |
| Billable | Client revisions | Custom fee or hourly add-on |
| Non-billable | Updating listings | Hourly rate and margin |
| Non-billable | Ordering supplies | Overhead or admin allowance |
| Non-billable | General marketing | Margin and pricing strategy |
Should custom work use a higher hourly rate?
Custom work often needs a higher effective hourly rate because it has more messages, revisions, risk, and resale problems. A repeatable product can spread setup time across many units. A custom order usually cannot.
Quote custom work from expected hours, material risk, revision limits, and deposit terms.
If the custom rate feels too high for the market, narrow the scope before lowering the rate.
- Charge design and revision time.
- Use deposits for custom materials.
- Set a revision limit.
- Write the scope before starting.
Decision table
Handmade hourly rate decision table, checked July 3, 2026
| Situation | Rate choice | Reason |
|---|---|---|
| Repeatable product | Standard billable rate | Setup is spread across units |
| Custom order | Higher scoped rate | Messages and revisions add risk |
| Wholesale batch | Batch labor rate | Unit labor may be lower |
| Hobby gift | Chosen hobby rate | Business profit is not the goal |
| Client rush | Rush premium | Rush work displaces other work |
Worked examples
Examples you can compare against your own numbers
Example: billable rate from annual pay
A maker wants $50,000 owner pay and has $600 monthly overhead.
| Annual revenue needed | $76,266.67 | |
|---|---|---|
| Billable hours | 920 | |
| Required hourly rate | $82.90/hr | |
| Why it is high | It covers overhead and non-billable work |
Takeaway: The rate looks high because it pays for the business, not only hands-on minutes.
Open this example in the hourly rate calculatorAction checklist
Before you use this number in the real business
- 1Pick desired owner pay.
- 2Add monthly overhead.
- 3Estimate billable hours per week.
- 4Choose working weeks.
- 5Add a buffer.
- 6Use the rate in product and custom quotes.
Common mistakes
Mistakes that make the answer look better than reality
FAQs
Questions people ask before making the decision
How much should I charge per hour for handmade work?
Charge enough per billable hour to cover owner pay, overhead, non-billable time, and a buffer.
What is a billable hour for crafts?
A billable hour is time tied to a product or job, such as making, finishing, packing, design, or revisions.
Should I include admin time?
Yes. Admin time should be covered by the hourly rate, margin, or a separate admin allowance.
Is it okay to charge less for hobby work?
Yes, if that is a conscious choice. The calculator shows the business rate you are choosing not to charge.
Should custom work cost more per hour?
Often yes, because custom work brings revision, scope, and resale risk.
Sources and notes
Where the assumptions come from
Reference for common pricing strategy categories and cost-based pricing.
General cost, margin, fee, and pricing workflow used in these examples.
How FeeProofed checks formulas, examples, source notes, and calculator-backed guide content.