Capitão Enéas belongs to the IBGE statistical microregion of Montes Claros. The distance to this important regional center is 90 km. The municipal seat is located on the railway line that links Minas Gerais to Bahia.
The main economic activity is cattle raising. In 2006 there were 68,000 head of cattle. Important agricultural crops are sugarcane, beans, and corn. There are several small transformation industries. There was 1 financial institution in 2007. In 2007 there were 299 automobiles, giving a ratio of 47 inhabitants for each automobile.
