Waunakee is a medium-sized village located in the state of Wisconsin. With a population of 16,363 people and three associated neighborhoods, Waunakee is the 60th largest community in Wisconsin. Waunakee has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Waunakee, where the median household income is $125,220.00.

Waunakee home prices are not only among the most expensive in Wisconsin, but Waunakee real estate also consistently ranks among the most expensive in America.

Also of interest is that Waunakee has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Waunakee telecommute to their jobs. Overall, about 24.19% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

In addition, Waunakee is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.

Because of many things, Waunakee is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Waunakee really has some of the features that families look for when choosing a good community to raise children. Is Waunakee perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

As is often the case in a small village, Waunakee doesn't have a public transportation system that people use for their commute.

Do you like to read, write and learn? If you move to Waunakee, you'll likely find that many of your neighbors like to as well. Waunakee is one of the more educated communities in America, with a full 63.82% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Waunakee in 2022 was $64,261, which is wealthy relative to Wisconsin and the nation. This equates to an annual income of $257,044 for a family of four.

Waunakee is a somewhat ethnically-diverse village. The people who call Waunakee home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Waunakee residents report their race to be White, followed by Asian. Important ancestries of people in Waunakee include German, Irish, English, Norwegian, and Italian.

The most common language spoken in Waunakee is English. Other important languages spoken here include Spanish and Polish.