According to one school of opinion, the name relates to Lakshmi, the Hindu Goddess of wealth.
Another school of opinion says that the place was named after notable Dimasa Kachari King Laxminarayan who ruled this part of the country in ancient times.
Climate of Lakhipur is significant for excessive humidity and being shut in by ranges of hills on North, East and South, heat during summer becomes unbearable.
During rainy season, the air is surcharged with moisture and rainfall is extremely heavy.
The urban local body was given the status of Municipal Board vide Government of Assam notification number UDD(M)250/79/342 dated 21 July 2007.
The Lakhipur Civil Sub-Diovision is bounded by in the East Manipur State, West – Silchar Sadar Sub-Division, North – Dima Hasao Autonomous District Border and South – Sonai Circle.
The Sub-Division has been maintaining a unique unity in diversity although it has a population belonging to different caste, language, religion and cultural.
Kaushik Rai, Rajdeep Goala & Mukesh Pandey being the popular candidates in Lakhipur Politics.