Waunakee is a village in Dane County, Wisconsin, United States (est. 1870). The population was 12,097 at the 2010 census. It is part of the Madison Metropolitan Statistical Area. Waunakee bills itself as "The Only Waunakee in the World." The village was named as #78 in CNN Money's "Top 100 Best Places to Live" for small towns in 2009.GeographyWaunakee is located at .According to the United States Census Bureau, the village has a total area of 6.39sqmi, of which, 6.38sqmi of it is land and 0.01sqmi is water.Demographics2010 censusAs of the census of 2010, there were 12,097 people, 4,344 households, and 3,316 families residing in the village. The population density was 1896.1PD/sqmi. There were 4,483 housing units at an average density of 702.7/sqmi. The racial makeup of the village was 95.8% White, 1.0% African American, 0.2% Native American, 1.2% Asian, 0.5% from other races, and 1.3% from two or more races. Hispanic or Latino of any race were 2.2% of the population.