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Lisbon is a village in Waukesha County that spent most of its history as a town — residents approved incorporation as a village in a January 2023 referendum, and the change was certified by the state in February 2023.

The first settler in what became Lisbon was Thomas S. Redford, who claimed 160 acres in the area in 1836.

The town of Lisbon was created by the legislature of the Wisconsin Territory in 1838, ten years before Wisconsin became a state, and its original boundaries also included what are now Pewaukee, Brookfield, and Menomonee Falls.

Lisbon's town government first met on April 15, 1842, in the future Lisbon Plank Schoolhouse.

The village of Sussex was founded in the middle of the town of Lisbon in 1924 and annexed pieces of Lisbon over the years.

Lisbon's population was 10,477 at the 2020 census, up from 10,157 in 2010, and Census Bureau estimates put the village at roughly 11,150 people by 2025.

Lisbon covers about 29.8 square miles of Waukesha County, all of it land, and the unincorporated communities of Colgate and Lake Five are located partially within the village.

Back in the 2000 census, Lisbon had 9,359 people living in 3,218 households, and it has kept a largely rural, large-lot residential character even as suburban growth spread through Waukesha County.

Lisbon students are served by the Hamilton School District, the Waukesha County K-12 district established in 1961 whose high school, Hamilton High School, is located in neighboring Sussex.

Lisbon Community Park is the village's main recreation ground, hosting events such as Arbor Day and Earth Day tree giveaways and protecting a prairie area, and the village also maintains Jane Stadler Memorial Park.