Melton's economy and settlement provide a contrast between the large centre of Melton and its substantial rural hinterland. More recently, suburbs such as Hillside and Caroline Springs have emerged as major growth areas in the east of the municipality. Industries include structural metal product manufacturing, motor vehicle services, building completion services, electrical equipment, appliance manufacturing, general manufacturing, distribution, transport and logistics, equine industries and agribusiness.

	2012-13	2011-12	2010-11	2009-10
Expenditure ($)	111.529m	107.019m	95.642m	88.884m
Revenue ($)	206.484m	113.851m	103.783m	90.757m
- Charges ($)	74.176m	67.507m	59.759m	53.206m
- VGC Grants ($)	11.294m	10.759m	9.808m	8.887m