The data from the neutron detector aboard the Navy research and attitude control satellite 1961 have been processed. A time history of the neutron albedo at ∼1000 km and ∼40°N magnetic latitude covering some 240 days is presented. A time variation of about a factor of 2 occurred in the vicinity of day 95, 1962. A latitude variation is also presented covering the range from 27°N to 45°N magnetic latitude. The final results have been corrected for local neutron production and agree more closely with the results of Hess, Canfield, and Lingenfelter than with the recent results of Lingenfelter. No longitude effect was observed for the neutron albedo, although such an effect is found for the incident cosmic rays. A comprehensive review of all published neutron albedo measurements and comparisons to various theoretical results is presented in the last section.