diff --git a/.github/workflows/test.yml b/.github/workflows/test.yml
index 5ed39a14a0..22ed4b3101 100644
--- a/.github/workflows/test.yml
+++ b/.github/workflows/test.yml
@@ -20,7 +20,7 @@ concurrency:
 # - test runs with USE_EMAIL_USER_MODEL=yes and DISABLE_TIMEZONE=yes
 
 # Current configuration:
-# - django 3.2, python 3.7, postgres
+# - django 3.2, python 3.8, postgres
 # - django 3.2, python 3.8, mysql
 # - django 4.1, python 3.9, sqlite
 # - django 4.2, python 3.10, mysql
@@ -28,8 +28,8 @@ concurrency:
 # - django 4.2, python 3.11, postgres, DISABLE_TIMEZONE=yes
 # - django stable/4.2.x, python 3.10, postgres (allow failures)
 # - django main, python 3.10, postgres (allow failures)
-# - elasticsearch 5, django 3.2, python 3.7, sqlite
-# - elasticsearch 6, django 3.2, python 3.7, postgres
+# - elasticsearch 5, django 3.2, python 3.8, sqlite
+# - elasticsearch 6, django 3.2, python 3.8, postgres
 # - elasticsearch 7, django 4.1, python 3.8, postgres
 # - elasticsearch 7, django 4.2, python 3.9, sqlite, USE_EMAIL_USER_MODEL=yes
 
@@ -73,7 +73,7 @@ jobs:
     strategy:
       matrix:
         include:
-          - python: '3.7'
+          - python: '3.8'
             django: 'Django>=3.2,<3.3'
             experimental: false
           - python: '3.11'
@@ -191,7 +191,7 @@ jobs:
     strategy:
       matrix:
         include:
-          - python: '3.7'
+          - python: '3.8'
             django: 'Django>=3.2,<3.3'
     steps:
       - name: Configure sysctl limits
@@ -285,7 +285,7 @@ jobs:
     strategy:
       matrix:
         include:
-          - python: '3.7'
+          - python: '3.8'
             django: 'Django>=3.2,<3.3'
 
     services:
diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml
index 73f9fc886d..162209d1d3 100644
--- a/.pre-commit-config.yaml
+++ b/.pre-commit-config.yaml
@@ -7,7 +7,7 @@ repos:
     hooks:
       - id: black
         language_version: python3
-        args: ['--target-version', 'py37']
+        args: ['--target-version', 'py38']
 
   - repo: https://github.com/astral-sh/ruff-pre-commit
     rev: 'v0.0.272'
diff --git a/README.md b/README.md
index 6bb0a3de75..9948530460 100644
--- a/README.md
+++ b/README.md
@@ -82,10 +82,10 @@ _(If you are reading this on GitHub, the details here may not be indicative of t
 Wagtail supports:
 
 -   Django 3.2.x, 4.1.x and 4.2.x
--   Python 3.7, 3.8, 3.9, 3.10 and 3.11
+-   Python 3.8, 3.9, 3.10 and 3.11
 -   PostgreSQL, MySQL and SQLite (with JSON1) as database backends
 
-[Previous versions of Wagtail](https://docs.wagtail.org/en/stable/releases/upgrading.html#compatible-django-python-versions) additionally supported Python 2.7 and earlier Django versions.
+[Previous versions of Wagtail](https://docs.wagtail.org/en/stable/releases/upgrading.html#compatible-django-python-versions) additionally supported Python 2.7, 3.7 and earlier Django versions.
 
 ---
 
diff --git a/docs/getting_started/tutorial.md b/docs/getting_started/tutorial.md
index adffd68397..3db0ac2dd2 100644
--- a/docs/getting_started/tutorial.md
+++ b/docs/getting_started/tutorial.md
@@ -12,7 +12,7 @@ If you want to add Wagtail to an existing Django project instead, see [](integra
 
 ### Install dependencies
 
-Wagtail supports Python 3.7, 3.8, 3.9, 3.10, and 3.11.
+Wagtail supports Python 3.8, 3.9, 3.10, and 3.11.
 
 To check if you have an appropriate version of Python 3, run the following command:
 
@@ -24,7 +24,7 @@ python3 --version
 py --version
 ```
 
-If none of the preceding commands return a version number, or return a version lower than 3.7, then [install Python 3](https://www.python.org/downloads/).
+If none of the preceding commands return a version number, or return a version lower than 3.8, then [install Python 3](https://www.python.org/downloads/).
 
 (virtual_environment_creation)=
 
diff --git a/docs/releases/upgrading.md b/docs/releases/upgrading.md
index e008e3a245..f2cad1db1f 100644
--- a/docs/releases/upgrading.md
+++ b/docs/releases/upgrading.md
@@ -58,8 +58,8 @@ New feature releases frequently add support for newer versions of Django and Pyt
 The compatible versions of Django and Python for each Wagtail release are:
 
 | Wagtail release | Compatible Django versions | Compatible Python versions |
-| --------------- | -------------------------- | -------------------------- |
-| 5.1             | 3.2, 4.1, 4.2              | 3.7, 3.8, 3.9, 3.10, 3.11  |
+| --------------- | -------------------------- |----------------------------|
+| 5.1             | 3.2, 4.1, 4.2              | 3.8, 3.9, 3.10, 3.11       |
 | 5.0             | 3.2, 4.1, 4.2              | 3.7, 3.8, 3.9, 3.10, 3.11  |
 | 4.2             | 3.2, 4.0, 4.1              | 3.7, 3.8, 3.9, 3.10, 3.11  |
 | 4.1 LTS         | 3.2, 4.0, 4.1              | 3.7, 3.8, 3.9, 3.10, 3.11  |
diff --git a/ruff.toml b/ruff.toml
index 0176566151..8232b75ec2 100644
--- a/ruff.toml
+++ b/ruff.toml
@@ -9,6 +9,8 @@ ignore = ["D100","D101","D102","D103","D105","N806","E501"]
 exclude = ["wagtail/project_template/*","node_modules","venv",".venv","migrations"]
 line-length = 88
 
+target-version = "py38"  # minimum target version
+
 # E: pycodestyle errors
 # F: Pyflakes
 # I: isort
diff --git a/setup.py b/setup.py
index 3370734ae0..0c56bcb756 100755
--- a/setup.py
+++ b/setup.py
@@ -106,7 +106,6 @@ https://github.com/wagtail/wagtail/.",
         "Operating System :: OS Independent",
         "Programming Language :: Python",
         "Programming Language :: Python :: 3",
-        "Programming Language :: Python :: 3.7",
         "Programming Language :: Python :: 3.8",
         "Programming Language :: Python :: 3.9",
         "Programming Language :: Python :: 3.10",
@@ -118,7 +117,7 @@ https://github.com/wagtail/wagtail/.",
         "Framework :: Wagtail",
         "Topic :: Internet :: WWW/HTTP :: Site Management",
     ],
-    python_requires=">=3.7",
+    python_requires=">=3.8",
     install_requires=install_requires,
     extras_require={"testing": testing_extras, "docs": documentation_extras},
     entry_points="""
diff --git a/tox.ini b/tox.ini
index 7dc8a61314..622ca6209a 100644
--- a/tox.ini
+++ b/tox.ini
@@ -2,7 +2,7 @@
 skipsdist = True
 usedevelop = True
 
-envlist = py{37,38,39,310,311}-dj{32,41,42,42stable,main}-{sqlite,postgres,mysql,mssql}-{elasticsearch7,elasticsearch6,elasticsearch5,noelasticsearch}-{customuser,emailuser}-{tz,notz},
+envlist = py{38,39,310,311}-dj{32,41,42,42stable,main}-{sqlite,postgres,mysql,mssql}-{elasticsearch7,elasticsearch6,elasticsearch5,noelasticsearch}-{customuser,emailuser}-{tz,notz},
 
 [testenv]
 install_command = pip install -e ".[testing]" -U {opts} {packages}
@@ -13,7 +13,6 @@ commands =
     noelasticsearch: coverage run runtests.py {posargs}
 
 basepython =
-    py37: python3.7
     py38: python3.8
     py39: python3.9
     py310: python3.10