The present study was an attempt to analyze the present status of livestock rearing in Golaghat district of Assam and also to examine the future scope and potentiality for its further improvement. Methodology used was Three Stage Stratified Random Sampling Methods. Study revealed that the average availability of farm animals (consisting of bullock, buffaloes, dairy cows and goat) was 5.63 per farm household and 97.73 per cent of farm animals reared was of indigenous type and only 2.27 per cent was of improved type of breed. The average number of farm birds which consisted of indigenous type of poultry, ducks, and goose was 5.26. The average per day milk production of local cow was 0.47 litre per animal and the average egg laying capacity of farm birds were very low. The average net return from livestock rearing was Rs.3610.81 per farm and its benefit-cost ratio was 1.08. The present study revealed that there was vast scope for increasing the production, productivity and profit in livestock  rearing through the very adoption of suitable improved methods and commercial level of livestock rearing followed by efficient processing and marketing technology in due space and time.