Waunakee is a village in Dane County, Wisconsin, United States. The population was estimated at 16,165 in 2023. It is part of the Madison Metropolitan Statistical Area. Waunakee bills itself as "The Only Waunakee in the World".

Dane County is a county in the U.S. state of Wisconsin. As of the 2020 census, the population was 561,504, making it the second-most populous county in Wisconsin after Milwaukee County. The county seat is Madison, which is also the state capital.