diff --git a/ci/environment-dev.yaml b/ci/environment-dev.yaml
index 1337fc54e9aac..f9f9208519d61 100644
--- a/ci/environment-dev.yaml
+++ b/ci/environment-dev.yaml
@@ -11,5 +11,5 @@ dependencies:
   - python-dateutil>=2.5.0
   - python=3
   - pytz
-  - setuptools>=3.3
+  - setuptools>=24.2.0
   - sphinx
diff --git a/ci/requirements_dev.txt b/ci/requirements_dev.txt
index fcbe0da5de305..3430e778a4573 100644
--- a/ci/requirements_dev.txt
+++ b/ci/requirements_dev.txt
@@ -7,5 +7,5 @@ moto
 pytest>=3.1
 python-dateutil>=2.5.0
 pytz
-setuptools>=3.3
-sphinx
\ No newline at end of file
+setuptools>=24.2.0
+sphinx
diff --git a/doc/source/install.rst b/doc/source/install.rst
index 82a97ba7b04e1..8795081c8dbfe 100644
--- a/doc/source/install.rst
+++ b/doc/source/install.rst
@@ -223,7 +223,7 @@ installed), make sure you have `pytest
 Dependencies
 ------------
 
-* `setuptools <https://setuptools.readthedocs.io/en/latest/>`__: 3.3.0 or higher
+* `setuptools <https://setuptools.readthedocs.io/en/latest/>`__: 24.2.0 or higher
 * `NumPy <http://www.numpy.org>`__: 1.9.0 or higher
 * `python-dateutil <//https://dateutil.readthedocs.io/en/stable/>`__: 2.5.0 or higher
 * `pytz <http://pytz.sourceforge.net/>`__
diff --git a/doc/source/whatsnew/v0.23.0.txt b/doc/source/whatsnew/v0.23.0.txt
index 408a52e0526ee..4c599a8b686ba 100644
--- a/doc/source/whatsnew/v0.23.0.txt
+++ b/doc/source/whatsnew/v0.23.0.txt
@@ -435,6 +435,8 @@ If installed, we now require:
 +-----------------+-----------------+----------+---------------+
 | beautifulsoup4  | 4.2.1           |          | :issue:`20082`|
 +-----------------+-----------------+----------+---------------+
+| setuptools      | 24.2.0          |          | :issue:`20698`|
++-----------------+-----------------+----------+---------------+
 
 .. _whatsnew_0230.api_breaking.dict_insertion_order:
 
diff --git a/setup.py b/setup.py
index 7fb5358d0950b..973b4c0abcde2 100755
--- a/setup.py
+++ b/setup.py
@@ -748,4 +748,5 @@ def pxd(name):
       long_description=LONG_DESCRIPTION,
       classifiers=CLASSIFIERS,
       platforms='any',
+      python_requires='>=2.7,!=3.0.*,!=3.1.*,!=3.2.*,!=3.3.*,!=3.4.*',
       **setuptools_kwargs)