Alacuás has a diverse economy, with its proximity to Valencia playing a significant role in its development. While historically an agricultural town, Alacuás has evolved into a modern city with industries ranging from manufacturing to services. The nearby city of Valencia is a major economic hub, and many residents of Alacuás commute there for work.
Tourism is increasingly becoming a key industry in Alacuás, as the city is an appealing destination for visitors seeking an authentic Valencian experience away from crowded tourist spots. In addition, local crafts, such as ceramics and textiles, continue to thrive, offering visitors the chance to purchase unique handmade goods.
Agriculture remains an important sector, with the fertile lands around the city producing a variety of crops, including oranges, which are a symbol of the region. This connection to the land gives Alacuás its reputation for fresh, high-quality food, which plays a significant role in the local cuisine.