4,311 students in 2024-25, +0.7% over five years while the regional peer median moved −0.6%.
Forward Exam results average +1.43 (ELA) and +1.24 (math) on a z scale over the last three tested years, where 0 is the average Wisconsin district. ACT composite: 21.6 against a statewide median of 19.2.
$19,817 total cost per member in 2024-25, above the regional peer median of $19,588 and above the statewide median of $18,324.
The school tax rate is 8.60 mills (2025-26), against a statewide K-12 median of 6.90; the 2025-26 levy is $47.5M, 18% of it referendum-approved debt.
$14,800 per member under the state revenue limit, against a statewide K-12 median of $13,575; voters have decided 11 operating questions, passing 7, most recently Nov 2024 (non-recurring, passed).
Waunakee enrolled 4,311 students in 2024-25 (September membership). Since 2009-10 its enrollment has grown 18%; the median regional peer grew 8% and the median Wisconsin district shrank 12%. The chart indexes each series to its 2009-10 level. Private schools inside the district's boundaries enroll 12.6% of school-age children (2024-25), against 9.7% in the median district.
Students, 2025-26
| Student group | 2025-26 | 2020-21 | Median WI district |
|---|---|---|---|
| Students with disabilities | 10.4% | 8.3% | 16.6% |
| English learners | 3.4% | 2.0% | 2.4% |
| Economically disadvantaged | 8.4% | 7.8% | 36.7% |
| White | 81.1% | 86.9% | 85.3% |
| Hispanic | 8.4% | 4.9% | 6.8% |
| Two or More | 5.1% | 4.0% | 3.9% |
| Asian | 3.3% | 2.8% | 0.9% |
| Black | 2.0% | 1.3% | 1.0% |
| Amer Indian | 0.1% | — | 0.4% |
| Pacific Isle | 0.0% | 0.1% | 0.1% |
Community (ACS 2024)
| Measure | Waunakee | Median WI district |
|---|---|---|
| Median household income | $115,515 | $77,317 |
| Poverty rate | 3.1% | 8.3% |
| Adults with a bachelor's degree or more | 59.8% | 25.4% |
| Households with children | 34.9% | 25.9% |
| Residents 65 and older | 18.2% | 20.5% |
| Median home value | $496,600 | $241,800 |
Home values against nearby districts
Across the five most recent Census releases (2016–20 to 2020–24), the median owner-occupied home in Waunakee averaged $428,220, 37% above the median of the 21 districts within 25 miles ($313,060). That ranks 2nd of 22 in the area and at the 98th percentile of Wisconsin districts (state median $205,920).
| ACS 5-year release | Waunakee | Nearby median | Difference | Wisconsin median |
|---|---|---|---|---|
| 2016–20 | $359,000 | $253,900 | +41% | $172,200 |
| 2017–21 | $378,500 | $273,500 | +38% | $182,750 |
| 2018–22 | $435,200 | $319,900 | +36% | $210,250 |
| 2019–23 | $471,800 | $347,200 | +36% | $227,050 |
| 2020–24 | $496,600 | $373,700 | +33% | $241,800 |
| Five-release average | $428,220 | $313,060 | +37% | $205,920 |
U.S. Census Bureau American Community Survey 5-year estimates, median value of owner-occupied homes (table B25077), in nominal dollars. Consecutive releases share four of their five survey years, so the average is a smoothed level rather than five independent years. Nearby districts are those whose NCES office address lies within 25 miles of Waunakee's: Middleton-Cross Plains Area (7 mi, $457,620); Verona Area (14 mi, $370,260); Monona Grove (10 mi, $358,840); Oregon (18 mi, $358,380); Mount Horeb Area (19 mi, $348,380); McFarland (14 mi, $343,620); Lodi (11 mi, $333,740); Wisconsin Heights (17 mi, $321,400); Madison Metropolitan (8 mi, $318,640); Sun Prairie Area (11 mi, $314,140); De Forest Area (7 mi, $313,060); Deerfield Community (20 mi, $307,700); Sauk Prairie (17 mi, $299,460); Belleville (23 mi, $294,940); Stoughton Area (21 mi, $292,540); Cambridge (25 mi, $282,980); Poynette (15 mi, $273,260); Fall River (24 mi, $266,480); Marshall (18 mi, $266,460); Rio Community (21 mi, $226,860); Waterloo (22 mi, $216,220).
Enrollment and the funding count
Wisconsin's revenue limit, which caps what a district may raise from general state aid and the property tax combined, is set per member using a three-year rolling average of membership: each September's full-time-equivalent count plus 40% of summer-school FTE. Waunakee's revenue-limit membership for 2025-26 is 4,179.
| School year | Enrolled students | Revenue-limit membership | Per enrolled student |
|---|---|---|---|
| 2020-21 | 4,162 | 4,130 | 0.99 |
| 2021-22 | 4,262 | 4,132 | 0.97 |
| 2022-23 | 4,300 | 4,141 | 0.96 |
| 2023-24 | 4,322 | 4,182 | 0.97 |
| 2024-25 | 4,311 | 4,194 | 0.97 |
| 2025-26 | — | 4,179 | — |
DPI revenue limit worksheets (three-year average membership) and DPI September membership. Years without a membership count show a dash.
In spring 2025, 75% of Waunakee students met or exceeded Forward standards in ELA and 73% in math, against 54% and 57% in the median Wisconsin district.
On a z scale, which puts every year on the same footing across the 2023-24 rescaling, Waunakee averaged +1.43 in ELA and +1.24 in math over the last three tested years, against +1.75 and +1.98 in its first three years on file.
ELA
Math
Wisconsin rescaled the Forward Exam in 2023-24. Z-scores standardize each year's result against every comparable district that year (0 = the average district; +1 = one standard deviation above), so years on either side of a test or cut-score change can be compared. Testing was canceled in spring 2020.
Attendance, ACT, college-going and discipline
| Measure | Waunakee | Regional peers | Wisconsin median | Year |
|---|---|---|---|---|
| Attendance rate | 94.0% | 93.8% | 94.3% | 2024-25 |
| Chronic absenteeism | 11.6% | 12.4% | 10.9% | 2024-25 |
| ACT composite (grade 11) | 21.6 | 19.9 | 19.2 | 2024-25 |
| Enrolled in college the first fall | 99.6% | 100.0% | 100.0% | 2024-25 |
| Suspensions and expulsions per 1,000 | 20.6 | 40.0 | 33.0 | 2024-25 |
DPI WISEdash files. Chronic absenteeism = share of students missing 10% or more of enrolled days.
Waunakee's total cost per member was $19,817 in 2024-25, against $19,588 for the median regional peer and $18,324 for the median Wisconsin district. Local property tax paid for 52% of revenue, against 38% statewide.
The revenue limit allows $14,800 per member for 2025-26, above the statewide K-12 median of $13,575 and below the regional peer median of $15,991. The limit counts general state aid and the property tax together, so state aid changes move the levy rather than total revenue. Voters have decided 11 operating questions, passing 7, most recently nov 2024 (non-recurring, passed).
Total district cost per member and revenue shares: DPI comparative cost data. Revenue limit: DPI revenue limit worksheets; statewide comparison is K-12 districts only.
The district's 2025-26 levy is $47.5M, at a rate of 8.60 mills per $1,000 of equalized value (statewide K-12 median 6.90). 18% of the levy repays referendum-approved debt (Fund 39).
| Levy year | Total levy | General fund (Fund 10) | Referendum debt (Fund 39) | Mill rate |
|---|---|---|---|---|
| 2020-21 | $34.6M | $26.3M | $7.4M | 10.89 |
| 2021-22 | $37.4M | $25.0M | $12.0M | 10.89 |
| 2022-23 | $38.6M | $24.8M | $13.3M | 9.69 |
| 2023-24 | $41.7M | $28.5M | $12.8M | 8.97 |
| 2024-25 | $44.8M | $33.4M | $10.7M | 8.90 |
| 2025-26 | $47.5M | $37.9M | $8.6M | 8.60 |
The median residential property-tax bill inside the district, all governments, was $6,432 in 2025 (statewide median $2,766). The full bill on the median home comes to 5.6% of median household income, and the school portion on that home ($496,600) is about $4,420.
Property tax on the median home, by taxing authority, payable 2026
A home at Waunakee's median value, about $689,000 at the current assessment, owes roughly $10,040 in property tax for taxes payable 2026. The school district's part is $5,930 (53% before credits); the rest goes to the county, the city, village or town, the technical college district and special districts such as sanitary and lake districts, less the state's school levy tax credit. That bill is $1,270 more than the average regional peer's median home.
| Taxing authority | Waunakee | Regional peers (average) |
|---|---|---|
| School district | $5,930 53% | $4,840 50% |
| Technical college | $410 4% | $320 3% |
| County | $1,790 16% | $1,410 15% |
| City, village or town | $2,510 22% | $2,370 24% |
| Special districts | $550 5% | $730 8% |
| State school levy tax credit | −$1,140 | −$900 |
| Total | $10,040 | $8,770 |
| Median home value | $689,000 | $528,000 |
Each column is the tax on that district's own median home; peer columns average the districts in the group. The percentage is each authority's share of the bill before credits.
The same $689,000 home at each group's tax rates
Holding the house constant separates tax rates from home values. Taxed at Waunakee's rates the home owes $10,040; at the regional peers' rates it would owe $11,420 on average.
| Taxing authority | Waunakee | Regional peers (average) |
|---|---|---|
| School district | $5,930 53% | $6,270 50% |
| Technical college | $410 4% | $420 3% |
| County | $1,790 16% | $1,860 15% |
| City, village or town | $2,510 22% | $3,090 25% |
| Special districts | $550 5% | $940 7% |
| State school levy tax credit | −$1,140 | −$1,170 |
| Total | $10,040 | $11,420 |
| Tax as a share of home value | 1.46% | 1.66% |
Wisconsin Department of Revenue, Town, Village and City Taxes, 2025 levies (taxes payable 2026): each taxing body's levy over the full value it is spread on. The school rate is the district's own levy over its equalized value; county, municipal, technical college and special-district rates are averages over the towns, villages and cities the district covers, weighted by its value in each, so a home in any one of them pays somewhat more or less. The school levy tax credit is the state-paid credit DOR spreads by municipality; the lottery and gaming credit and first dollar credit, applied per parcel, are not included. Median home value: Census ACS 2024 5-year median for owner-occupied homes, brought to January 1, 2025 values by the change in the district's TIF-out equalized value since 2022. The parcel-based median bill above runs lower because it covers every residential parcel, including vacant lots, condominiums and smaller homes, and is net of the per-parcel credits.
Levy by fund and equalized value: DPI and Department of Revenue. Typical bill: parcel-level residential bills inside the district boundary; school portion applies the school mill rate to the ACS median home value and is an estimate.
Voters have decided 27 referendum questions since 1995 and approved 17.
| Election | Type | Purpose | Amount | Yes | Result |
|---|---|---|---|---|---|
| Nov 2024 | Operating | Operational referendum to maintain programs and services and employee compensation expe... | $20.9M | 54.7% | Passed |
| Nov 2022 | Capital | Construction of a new Heritage Elementary School on district-owned land; construction o... | $175.0M | 52.6% | Passed |
| Nov 2022 | Operating | Purposes consisting of expenses related to attracting and retaining staff, operating an... | $10.0M | 60.3% | Passed |
| Nov 2020 | Operating | RESOLUTION AUTHORIZING THE SCHOOL DISTRICT BUDGET TO EXCEED REVENUE LIMIT BY $2,127,502... | $10.6M | 62.6% | Passed |
| Nov 2014 | Operating | Operating expenses for expanded facilities and increased technology and maintenance spe... | $2.2M | 59.7% | Passed |
| Nov 2014 | Capital | To build new Intemediate School, to expand and remodel Prairie Elementary, to remodel H... | $44.8M | 62.4% | Passed |
| Nov 2010 | Operating | RESOLUTION AUTHORIZING THE SCHOOL DISTRICT BUDGET TO EXCEED REVENUE LIMIT FOR RECURRING... | $0.7M | 47.9% | Failed |
| Nov 2010 | Capital | INITIAL RESOLUTION AUTHORIZING GENERAL OBLIGATION BONDS IN AN AMOUNT NOT TO EXCEED $23,... | $23.5M | 48.0% | Failed |
| Apr 2010 | Operating | paying operational costs of the District | $0.8M | 46.5% | Failed |
| Apr 2010 | Capital | public purpose of paying the cost of a school building program, consisting of the const... | $24.9M | 48.2% | Failed |
| Apr 2010 | Operating | paying maintenance costs of the District | $0.4M | 48.3% | Failed |
| Apr 2010 | Capital | paying the cost of a school building program, consisting of the construction of additio... | $8.4M | 50.3% | Passed |
| Feb 2005 | Capital | financing and constructing and equipping of a gymnasium for the middle school and relat... | $2.2M | 54.0% | Passed |
| Feb 2005 | Operating | operating expenses relating to new or expanded district facilities | $0.6M | 54.2% | Passed |
| Feb 2005 | Capital | construction and equipping of new elementary school; renovate, remodel, construction of... | $20.8M | 61.7% | Passed |
| Feb 2004 | Operating | operating expenses of expanded HS and technology | $0.3M | 58.0% | Passed |
| Feb 2004 | Operating | operating expenses of expanded HS and technology | $0.3M | 58.0% | Passed |
| Feb 2004 | Capital | construct addition to and remodel of HS; acquire equipment/furnishings for HS; construc... | $23.0M | 66.7% | Passed |
| Feb 2004 | Capital | acquire approximately 40 acres of land (Gilles property) including reimbursement of any... | $1.4M | 68.2% | Passed |
| Feb 2003 | Capital | construct new HS facility for grades 9-12; remodel existing HS and convert to grades 7-... | $37.0M | 39.1% | Failed |
| Nov 2001 | Capital | maintenance and remodeling program | $5.3M | 77.0% | Passed |
| Feb 2001 | Capital | construct/equip new HS; convert/remodel old HS to MS; convert intermediate school to 2 ... | $39.9M | 44.8% | Failed |
| Apr 2000 | Capital | construct swimming pool at new H.S. | $3.5M | 36.0% | Failed |
| Apr 2000 | Operating | operating, staffing, maintaining District's new H.S. and renovated M.S. | $0.5M | 39.6% | Failed |
| Apr 2000 | Capital | construct/equip new H.S., construct addition to existing M.S., convert for grades 5-6, ... | $38.0M | 43.8% | Failed |
| Sep 1998 | Capital | buy land; upgrade technology; improvements | $2.2M | 62.8% | Passed |
| Feb 1995 | Capital | new 90,000 sq ft, 724 stud EC-4 | $7.0M | 60.5% | Passed |
DPI referenda file, 1993 onward.
94% of Waunakee's teachers stayed in the district into 2025-26, against 91% for the median regional peer and 91% statewide; 3% left Wisconsin public schools. Average teacher salary was $75,594, against $70,891 for the median peer and $61,273 statewide.
Staff by role, 2016-17 to 2025-26
| Role | Headcount, first | Headcount, last | Change | Peer median change |
|---|---|---|---|---|
| Administrators | 19 | 21 | +11% | +6% |
| Teachers | 309 | 367 | +19% | +5% |
| Aides/Paraprofessionals | 48 | 117 | +144% | +20% |
| Pupil Services | 24 | 38 | +58% | +25% |
| Other | 214 | 209 | −2% | +18% |
DPI All Staff files: distinct people by role. Peer median change across the regional peers.
DPI All Staff files, person-level, linked year to year.
Wherever this briefing sets Waunakee beside other districts, it uses the group below. A group figure is the middle value across its members (the property-tax tables on the median home use the average instead), each counted equally, so one large member cannot dominate it.
Regional peers 12 districts
The 12 Wisconsin districts of the same type most like Waunakee on four measures: distance and CESA (30% of the weight), total cost per member (30%), the Census child poverty rate (25%) and locale, meaning city, suburb, town or rural (15%). Districts under 400 students are not eligible.
| District | County | CESA | Locale | Miles away | Enrollment | Cost per member |
|---|---|---|---|---|---|---|
| Middleton-Cross Plains Area | Dane | 02 | Suburb | 8 | 7,192 | $19,616 |
| De Forest Area | Dane | 02 | Suburb | 8 | 4,263 | $18,996 |
| Madison Metropolitan | Dane | 02 | City | 9 | 27,128 | $21,876 |
| Sun Prairie Area | Dane | 02 | Suburb | 13 | 8,654 | $20,995 |
| Monona Grove | Dane | 02 | Suburb | 15 | 3,337 | $18,737 |
| Verona Area | Dane | 02 | Suburb | 15 | 5,830 | $23,870 |
| Wisconsin Heights | Dane | 02 | Rural | 15 | 799 | $19,560 |
| McFarland | Dane | 02 | Suburb | 15 | 2,275 | $19,751 |
| Oregon | Dane | 02 | Town | 19 | 3,963 | $19,222 |
| Mount Horeb Area | Dane | 02 | Town | 20 | 2,260 | $19,717 |
| Stoughton Area | Dane | 02 | Suburb | 22 | 2,809 | $18,750 |
| Milton | Rock | 02 | Suburb | 40 | 3,428 | $15,670 |
“Wisconsin median” is the middle value across Wisconsin districts; property-tax and revenue-limit comparisons use K-12 districts only, because elementary and union high school districts overlap the same territory.