Living in Waunakee, Wisconsin

Cost of living, income, home prices, rent and demographics of Waunakee · Census data 2020–2024

Waunakee has 15,687 residents with a median age of 39.6. The median household income is $125,220 (62% higher than the Wisconsin median), the median home value is $515,900, the median rent is $1,324/month.

Waunakee at a glance

Population
15,687
Median age
39.6State: 40.2
Median household income
$125,220State: $77,485
Median home value
$515,900State: $266,500
Median rent
$1,324/moState: $1,087
Homeowners
77.4%
Bachelor's degree or higher
63.8%
Average commute
22 min

Is Waunakee a good place to live?

Pros: Median household income 62% higher than the Wisconsin median; an average commute of 22 minutes; unemployment of 1.4%; a poverty rate of 2.8%.

Cons: Home values 94% higher than the state median.

The weather is best in June to September.

Cost of living in Waunakee

Housing is the biggest part of the cost of living. In Waunakee the median home value is $515,900, 55% higher than the U.S. median. Renters pay a median of $1,324 per month, which is 24.3% of household income. Homeowners with a mortgage pay $2,735 a month in housing costs.

Median home value

Waunakee$515,900
Wisconsin$266,500
United States$332,700

Median monthly rent

Waunakee$1,324
Wisconsin$1,087
United States$1,413

Waunakee median household income

The median household income in Waunakee is $125,220 and the income per person is $64,261. 2.8% of residents live below the poverty line (Wisconsin: 10.6%).

Median household income

Waunakee$125,220
Wisconsin$77,485
United States$80,734

Housing in Waunakee: homes for sale and rent

Housing units
6,091
Owner-occupied
77.4%
Renter-occupied
22.6%
Vacant
4.1%Includes seasonal homes
Median year built
1998
Average household size
2.66

Waunakee demographics

Population
15,687
Median age
39.6
Under 18
28.6%
65 and older
14.6%
Households
5,844
Foreign-born
5.5%
Veterans
4.2%Adults 18+

Race and ethnicity

White86.4%
Hispanic or Latino7.3%
Black1.5%
Asian1.6%

Hispanic or Latino can be of any race. Population history of Waunakee ›

Education in Waunakee

63.8% of adults 25 and older in Waunakee have a bachelor's degree or higher (Wisconsin: 33.4%), and 22.8% have a graduate or professional degree.

Bachelor's degree or higher

Waunakee63.8%
Wisconsin33.4%
United States35.7%

Jobs and commute in Waunakee

Unemployment rate
1.4%State: 3.2%
Average commute
22 minState: 22 min
Work from home
24.2%
Drive alone
64.8%
Public transit
0%
Walk to work
1.5%
Homes with broadband
96.8%

Waunakee vs nearby towns

TownPopulationMedian incomeHome valueRent
Waunakee15,687$125,220$515,900$1,324
Dane1,067$108,375$350,000$1,317
Maple Bluff1,329$198,750$882,700$1,438
DeForest11,501$106,419$359,600$1,442
Middleton22,301$89,524$484,200$1,437
Madison278,001$78,050$372,900$1,413
Shorewood Hills2,149$153,542$939,900$1,919
Windsor9,452$120,048$425,600$1,375
Monona8,527$87,773$427,900$1,275

More for people moving to Waunakee

Waunakee ZIP code ›Weather and climate ›

Living in Waunakee: FAQ

What is the median household income in Waunakee, WI?

The median household income in Waunakee is $125,220, 62% higher than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Waunakee?

The median home value in Waunakee is $515,900, compared with $266,500 in Wisconsin.

How much is rent in Waunakee?

The median gross rent in Waunakee is $1,324 per month, about 24.3% of household income.

Is Waunakee, WI a good place to live?

Pluses: median household income 62% higher than the Wisconsin median; an average commute of 22 minutes; unemployment of 1.4%; a poverty rate of 2.8%. Minuses: home values 94% higher than the state median.

What is the median age in Waunakee?

The median age in Waunakee is 39.6 years (Wisconsin: 40.2).

How long is the commute in Waunakee?

The average commute to work in Waunakee is 22 minutes; 24.2% of workers work from home.

What is the unemployment rate in Waunakee?

The unemployment rate in Waunakee is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Waunakee?

63.8% of adults in Waunakee have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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