Panorama Estates in Tucson, Arizona, currently exhibits a Hispanic Majority demographic profile, with 56% of the population identifying as Hispanic in 2022. The neighborhood has experienced moderate fluctuations in its racial composition and economic status over the past decade. Panorama Estates has maintained a relatively small population, ranging from 99 to 123 residents, suggesting it might be a compact community within the larger Tucson metropolitan area.

From 2013 to 2022, Panorama Estates has consistently maintained a Hispanic Majority status, with the Hispanic population percentage fluctuating between 54% and 69%. The neighborhood reached its highest Hispanic percentage in 2016 at 69%. Since 2016, there has been a gradual decrease in the Hispanic majority, dropping to 56% by 2022. This trend suggests a slow movement towards a more diverse community composition. By 2022, slight increases in other racial categories, particularly in the Two or More Races and Native American populations, indicate a trend towards a Transitional Community.

The median income in Panorama Estates has shown considerable volatility over the past decade. The median income dropped from $51,897 in 2015 to a low of $44,334 in 2017, coinciding with the peak of Hispanic representation. Since 2017, there has been a general upward trend in median income, reaching $60,033 in 2021 before slightly decreasing to $56,772 in 2022. The recent increase in income appears to correlate with the gradual diversification of the neighborhood, suggesting that increased diversity might be associated with economic improvements.