town vs Panama City

town and Panama City both are nouns.

Word	Noun	Adjective	Verb	Adverb
town	Yes	No	No	No
Panama City	Yes	No	No	No

town (noun)	Panama City (noun)
the people living in a municipality smaller than a city	the capital and largest city of Panama
an urban area with a fixed boundary that is smaller than a city	a resort and fishing town on the Gulf of Mexico in northwest Florida
an administrative division of a county