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Wakonda is a town in Clay County, South Dakota, United States. The population was 321 at the 2010 census.
A post office called Wakanda has been in operation since 1886. Wakanda was platted in 1888. The name is derived from the Sioux language.
Wakanda is located at 43°0′23″N 97°6′21″W (43.006503, -97.105747).
According to the United States Census Bureau, the town has a total area of 0.39 square miles (1.01 km2), all land. Corn and soybeans are grown on the farms surrounding the town. The climate is humid continental, with hot summers and cold winters. Annual precipitation is approximately 25 inches.
Wakanda has been assigned the ZIP code 57073 and the FIPS place code 68100.
As of the census of 2010, there were 321 people, 128 households, and 72 families residing in the town.