Psara together with the small island of Antipsara forms the municipality of Psara. It belongs to the Regional Unit of Chios. It is located to the North Aegean and lies 44 nautical miles (81 km) northwest of Chios, 22 km (14 miles) from the northwestern point of the island of Chios and 150 km (93 mi) eastnortheast of Athens.
The length and width are about 7 by 8 km (4 by 5 mi) and the area of the island is 43 km2. The municipality has an area of 44.511. The permanent residents are 458 according to census in 2011 of whom 49.7% are men and 50.3% women.
The permanent residents are 458 according to census in 2011 of whom 49.7% are men and 50.3% women. The economically active population of Psara is the 31.22% of the total population, with 27.07% (124 citizens) employed and 4.15% (19 citizens) unemployed.