The area in the vicinity of the settlement was populated during neolithic times, and a toggled harpoon head found in a grave indicated that there was a viable walrus hunting economy present in the area around 3000 BCE. Furthermore, in the 1950s, the archeologist N.N. Dikov identified a burial site for a previously unknown people, who have been named after the village as the Ust-Belayan culture. Several Neolithic sites have been discovered in the vicinity of the village, on the banks of the river and at the eastern end of the settlement an ancient cemetery was partially destroyed during the construction of some warehouses. The settlement was established by villagers from Markovo towards the end of the 19th or beginning of the 20th century, and is one of the oldest settlements in Chukotka. At the beginning of the twentieth century, V.Z. Niulin moved here from the village of Markovo with approximately twenty other families from other camps in the surrounding area. in 1927, Nikulin opened a school in the village and the following year established a hospital. In 1930, a collective farm was established in the village and named "The First Revolutionary Committee of Chukotka". For the next five years, Ust-Belaya was the administrative centre of Anadyrsky District. The village is located in the immediate area where famous Chukchireindeer herderTenevil lived and the main economic driver of the settlement is still traditional reindeer husbandry aided by the fact that more than two thirds of the population of the village are of indigenous origin. Currently, Ust-Belaya has a secondary school, an arts school, kindergarten, post office, communications center, a shop, a bakery and a hotel. There is also a weather station called "Muhomornaya" and a small Orthodox chapel.
Demographics
Population as of 2010 was 856, of whom 436 were male and 420 were female, a slight decrease on a 2005 estimate according to an environmental impact report prepared for the Kupol gold project, which placed the population at 869, down from 936, in 2003. Of the people living in the village in 2005, 685 were reported to be of indigenous origin.
Climate
Ust-Belaya has a continental subarctic climate with very long, bitterly cold winters and very short, somewhat cool summers.