How to Determine a Graphic Design Hourly Rate

Setting a graphic design hourly rate is often considered a difficult process, but it must be done. Your hourly rate is important because it will position you in relation to your competitors, determine what your flat rates are for projects, and of course directly affect what you earn. Fortunately, there is a method to follow to figure out at least a ballpark for your rate, which may then need to be adjusted based on the market.