Today, Lancova vas is one of the biggest local communities in the municipality Videm. It is densely populated since it has over 100 house numbers. The old part of the village is located at the Polskava brook, the new houses are built along the main street. In the past, there were many farms in the village. Actually, almost every house was a small farm. Today, there are only a few farmers left. Some inhabitants make their living by agriculture and there are a few farmers who go to work as well. Children and young people attend schools in Ptuj, Maribor and Ljubljana.